Investors likely to get dividend from real estate investment

Business Desk :
The Bangladesh Securities and Exchange Commission is set to finalize the draft rules for the Real Estate Investment Trust (REIT) to create an opportunity for people to receive dividends from real estate investment.
The securities regulator on Monday held a meeting with three committees formed earlier to frame rules for the REIT.
The BSEC holds the meeting with three committees to discuss the REIT draft rules. The draft rules are set to be finalized within 10-15 days, and then the regulator will seek public opinions, said Saied Mahmud Zubayer, general manager of the Dhaka Stock Exchange (DSE).
The REIT will collect funds from general investors like the mutual funds by issuing units.
They will get dividends against their funds, collected for constructing housing and multipurpose complexes. The investors will also be allowed to transfer their units of the asset-backed securities like the mutual fund units.