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Reits sold down as investors fret over challenges facing landlords

DBS Research says new legislation to help tenants will introduce further uncertainty in retail sector

Singapore

REAL estate investment trusts took a tumble on Thursday, with retail Reits bearing the brunt of the selling after the government announced it will legislate to ensure that landlords pass on in full property tax rebates to their tenants.

Among those badly hit were Frasers...

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