BUDGET '09: Reits need 75% of income through rentals

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As of 22 April, UK Reits will be denied entry to the regime unless at least 75% of their gross incom...

As of 22 April, UK Reits will be denied entry to the regime unless at least 75% of their gross income comes from property rental. This is in line with announcements made in the pre-Budget report and restores the original objectives of the regime.

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