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Planned Reit changes seen positive overall

But rating agencies Moody's and Fitch also draw attention to some risks

Published Tue, Oct 14, 2014 · 09:50 PM

Singapore

CREDIT agencies Moody's and Fitch Ratings, weighing in on the impact of the Monetary Authority of Singapore's (MAS) proposed Reit reforms announced last week, called the changes largely positive, but with risks.

They agreed that the raising of the development limit for real estate investment trusts to 25 per cent of their total asset value (from 10 per cent currently) carried risks.

Moody's found this proposal to be "marginally credit …

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