Investment funds are generally assets that are subject to capital market legislation and do not have a legal entity. Real estate investment funds (RIFs) are a type of fund that brings together asset pools consisting of real estate and real estate-based rights with investors using the investment fund structure. Real estate investment funds generally include investments in land, apartments, commercial and institutional properties and agricultural areas.
Real estate investment funds generally aim to achieve capital gains, trading profits or rental income as an investment strategy. Apart from this, REIFs offer many advantages to individual investors:
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REIFs connect investors with the wider real estate market and provide them with access to real estate that they would not be able to access individually.
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REIF investors do not have to deal with the bureaucratic work and paperwork of traditional real estate investments . These processes are carried out by the fund management.
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Many REIFs offer rental income. Investors investing in such a REIF will receive regular income.
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The withholding tax rate for income from GSYF shares acquired until 31.10.2024 has been determined as 7.5 percent. The effective withholding tax rate for GYF shares acquired thereafter will be 10 percent for individual investors.
In this period when savers all over the world are looking for alternative return opportunities, Fonmap aims to democratize alternative investment funds in Turkey and around the world, make them accessible to the masses, to provide investors with information about these instruments and to make the inaccessible accessible.