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Singapore Reits likely to issue more perpetual securities in 2016: Fitch

Friday, November 13, 2015 - 05:50

Singapore

SINGAPORE real estate investment trusts (Reits) are likely to issue more perpetual securities in 2016 to fund asset growth and strengthen their balance sheets, said Fitch Ratings on Thursday.

This is because the regulator has tightened the cap on leverage, and because