G-REIT on course for April introduction

The legislation for the German real estate investment trust (G-REIT) is expected to be approved by lawmakers in time for introduction in April. Finance experts of the SPD and CDU/CSU coalition parties have agreed on the final draft and the two parties themselves will discuss the legislation on Wednesday. If everything goes as planned Germany's lower chamber the Bundestag will examine the legislation on Friday. The final hurdle for the G-REIT will be in the upper house the Bundesrat.

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