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Saizen Reit soars 19% on news of Japan assets' sale

Singapore

IN what could be an unprecedented sale of an entire portfolio by a Singapore-listed Reit, Saizen Reit on Saturday announced the proposed divestment of all its residential properties in Japan to global private-equity firm Lone Star Funds for 44.66 billion yen (S$517.3 million).

sentifi.com

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