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Office REITs could shrug off falling rents

Broker's Calls

Office REITs could shrug off falling rents

Jude Chan Published on Fri, Sep 09, 2016 / 1:44 PM GMT+8

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SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.

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