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Reit take wrong turn

Reit hv fallen more or less in line with the STI. Reit refinancing needs in the next year, which for the 20 lsited reits amount to some 4.3 billion coupled with possible write-downs in their asset values have spooked investors.

Ascendas India – Still falling
Capitamall – set to break support
Ascendas reit – Not an ascending reit
Macquarie Prime – Down the kitchen sink
Fraser Centrepoint – Breaking minor support
Parkway Life – No sign of life

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