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Centurion exploring Reit listing for dormitories

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Published Fri, Jan 16, 2015 · 09:50 PM

Singapore

CENTURION Corporation is currently exploring the feasibility of spinning off a real estate investment trust (Reit) and injecting some of its worker accommodation assets into the Reit.

If the plan materialises, the Reit will be listed on the mainboard of the Singapore Exchange, subject to the latter's approval, the group said on Friday.

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