Portugal’s government finally has given the go-ahead to the creation of Real Estate Investment Trusts (REITs) in Portugal.

The decree-law was approved on Thursday, January 10th, by the Council of Ministers, so does not need to go through Parliament but will head directly to the President of the Republic, Marcelo Rebelo de Sousa, who is unlikely to knock it back.

News courtesey of http://algarvedailynews.com/news