Irish REIT restrictions include which combination of requirements?

• A. At least 75% of income derives from property rental and at least 75% of assets relate to property rental.
• B. At least 75% of income derives from property rental and it must wind up after seven years.
• C. At least 75% of assets relate to property rental business and it must wind up after seven years.
• D. At least 75% of income derives from property rental; At least 75% of assets relate to property rental; It must wind up after seven years.

Answer: (A)

To qualify as an Irish REIT, the business must be real estate-focused in both what it earns and what it owns. The rules require two thresholds to be met: at least 75% of gross income must come from property rental, and at least 75% of the assets must relate to property rental. This two‑part test ensures the entity operates primarily as a real estate investment vehicle.

The idea of winding up after seven years isn’t part of the Irish REIT restrictions, so a requirement to dissolve after seven years isn’t correct. In practice, REIT status is ongoing as long as the qualifying income and asset tests (and other regime conditions, like the distribution rule) are satisfied. For extra context, REITs must distribute a substantial portion of property income to investors, further supporting their tax-advantaged status.