| dc.description.abstract | The Real Estate Investment Trusts (REITs) Act, 2017 was enacted by the Parliament of Uganda
to provide a legal framework for the establishment and operation of REITs in Uganda. The Act
has the potential to promote investment in the real estate sector, which is a key driver of
economic growth in Uganda. However, it is complex creating regulatory hurdles for REITs.
The research conducted a Regulatory Impact Assessment (RIA) of the REITs act, 2017. The
study assessed the impacts the regulations have had on implementation of REITs, what they
ought to be and what they are in the context of Uganda, the Knowledge, Attitude, Practices
(KAP Gap), Gap analysis and relationship of the KAP gap and stakeholder requirements.
The study was carried out using mixed research methods. Data was collected through
questionnaire, interviews with stakeholders, review of literature. The data was analyzed by
Spss for inferential statistics, descriptive analysis, content analysis, narrative, stake holder
analysis, gap analysis to realize the gaps such as limited scope of assets, lack of tax incentives,
restrictions on foreign investment,
The research portrayed that meeting the stakeholder requirements can help to close the KAP
gap by ensuring that the Reit is structured and operated in a way that complies with regulatory
requirements. The research has made a contribution to the understanding of the REITs act 2017.
The results will be used to inform the development of policies and regulations for the real estate
sector to create more feasible regulations to enable the efficient setting up of REITs in Uganda
such as capacity building, consultations with stakeholders, regulatory oversight, legal reforms,
increasing awareness about Reits. | en_US |
