The introduction of a German real estate investment corporation

The authors first outline the background to the introduction of the German Real Estate Investment Corporation (G-REIT) regime. They then consider the corporate law characteristics of G-REITs. Next, the taxation of G-REITs and their shareholders is described, together with the implications for the German controlled foreign company rules. The authors conclude with a consideration of the potential incompatibilities of the new G-REIT regime with EC law.