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Notification of the Capital Market Supervisory Board No. TorJor. 50/2556 Re: Conversion of Property Fund intoReal Estate Investment Trust___By virtue of Section 16/6 of the Securities and Exchange
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How to fill out conversion of property fund

01
Gather all necessary documents such as property ownership papers, valuation reports, and financial statements.
02
Complete the conversion of property fund form with accurate information.
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Submit the filled out form along with the required documents to the appropriate authority.
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Wait for the approval and confirmation of the conversion process.

Who needs conversion of property fund?

01
Property owners who want to convert their real estate assets into a fund for investment purposes.
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Investors looking to diversify their portfolio by investing in real estate funds.

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The conversion of property fund refers to the process of changing the classification or structure of a property fund, which may include converting a traditional real estate investment trust (REIT) into an open-ended fund or vice versa.
Entities involved in property fund management, including REITs and other investment trusts seeking to change their fund structure or classification, are required to file the conversion of property fund.
To fill out the conversion of property fund, one must complete the specified application form provided by the regulatory authority, including details about the fund's current and proposed structure, financial statements, and disclosures as required.
The purpose of converting a property fund is to adapt to market demands, facilitate investment strategies, enhance liquidity for investors, or comply with regulatory changes that may require a different fund structure.
Information that must be reported includes the fund's current operating framework, proposed changes, financial health, investor communications, and all regulatory compliance data relevant to the conversion.
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