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GLG News by Lawyers (South Korea)

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November 7, 2007
Can newly amended REITs law of Korea activate the Korean real estate investment market?
Analysis of: New REITs Law of Korea | www.moleg.go.kr
Author: GLG Expert Contributor
Newly amended REITs law became effective as of October 15, 2007. The law was revised in order to encourage the establishment of more REITs by easing the establishment requirements, while the previous law was criticized to be too complicated and to give much discretion to the Ministry of Construction...

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