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Ascendas Reit optimistic on rental outlook in FY20

Its business and science park segment saw double-digit rent increases in first half of this year despite Covid-19 pressures

Singapore

ASCENDAS Reit on Thursday posted a resilient set of financial results for the first half of the year even after including rental assistance to tenants, and it remains optimistic on its rental outlook going forward.

For the six months ended June 30, 2020, distribution per...

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