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Planned Reit changes seen positive overall

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

Moody's found this proposal to be "marginally credit negative" while Fitch said that it would increase the earnings volatility of Reits that choose to adopt it - PHOTO: SPH


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...

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