Listing a Real Estate Investment Trust (REIT) enables property companies to access equity markets which could not be reached before. At the same time, investors are given opportunities to own valuable real estate and receive returns from these assets via REIT distribution. A property owner may consider listing a REIT in Singapore which has a track record of being a REIT-listing hub with property portfolios spanning across Asia Pacific, North America and Europe. Another strong contender for a REIT listing is The People’s Republic of China (PRC), with its recent pilot listing of REITs on two of its exchanges. This guide provides key tax considerations that a property owner should consider before listing a REIT either in Singapore or the PRC.