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Good buys for Reits harder to come by with lower debt limits

Yield-accretive acquisitions tougher as equity financing is more expensive and erodes returns

THE recently enforced lower debt limit for real estate investment trusts (Reits) is making it harder for Reits to do yield-accretive acquisitions.

It is a chain effect.

Singapore Reits had taken advantage of the low interest rates last year to make acquisitions funded mostly by...

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