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Dubai Financial Services Authority (DFSA): Contents

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Jul 11 2010 - Dec 17 2018Dec 18 2018 onwards

CIR 13.5.4

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The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) A Fund ManagerG of a Public REITG must ensure, subject to (2), that any investment made in respect of property under development whether on its own or in a joint venture is undertaken only where the REITG intends to hold the developed property upon completion.
(2) The total contract value of the property under development in (1) must not exceed 30% of the net asset value of the Fund PropertyG of the Public REITG .
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]
[Amended] DFSA RM218/2018 (Made 22nd February 2018) [VER23/12-18]