Real Estate Investment Trusts

We have a strong Real Estate Investments Trust ("REITs") Practice which has been involved in the primary listings and secondary fund raisings of many of the REITs in Singapore. Since the development of the REIT market in Singapore, we have been closely involved in these transactions involving many of the listed REITs in Singapore, and we are regularly consulted by the Monetary Authority of Singapore ("MAS") on proposed amendments and updates to Appendix 6 (also known as the Property Funds Appendix) to the Code on Collective Investment Schemes issued by the MAS.