Ascendas Reit H2 DPU up 2.4%; manager continues to eye overseas growth opportunities

THE manager of Ascendas Reit is planning to deepen its presence in the US and Europe markets as the real estate investment trust (Reit) continues to seek growth. But chief executive of the Reit manager William Tay believes it is “tough” to exceed the pace of acquisitions completed in FY2021.
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