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Business briefing

Saturday, February 22, 2014 - 06:00

Ascott Reit to acquire 1st Dalian serviced residence ASCOTT Residence Trust (Ascott Reit) has entered into a conditional agreement with Winner Sight Investments to acquire its first serviced residence in Dalian for 571 million yuan (S$118.6 million) at an Ebitda yield of 5.5 per

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