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A-Reit exploring openings in Australia, Germany
Published Thu, Aug 6, 2015 · 09:50 PM
Singapore
THE manager of Ascendas Reit (A-Reit) on Thursday said it is "actively exploring" investment opportunities in mature developed markets such as such as Australia and Germany for the industrial Reit.
That said, the Reit's portfolio will remain predominantly Singapore-based in the foreseeable future. The manager targets for new mature developed markets to comprise 20 to 30 per cent of the Reit's portfolio.
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