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What's troubling Soilbuild REIT in spite of improved occupancy

Michelle Zhu
Michelle Zhu • 4 min read
What's troubling Soilbuild REIT in spite of improved occupancy
SINGAPORE (Oct 16): Phillip Capital is downgrading Soilbuild Business Space REIT to “reduce” on worsening arrears, while raising its discount rate to 7.9% from 6.9% on the basis of higher uncertainty in future cash flows.
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