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S-Reits set for wave of consolidation: CIT chief

Merging of smaller trusts the most viable option amid tighter rules, says CEO


SINGAPORE'S real estate investment trust (Reit) market is set to consolidate as smaller vehicles merge to cope with rising regulatory costs, according to Cambridge Industrial Trust (CIT).

"The wave of consolidation for Singapore Reits is about to begin," Philip Levinson,

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