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Singapore hospitality REITs good recovery plays, says OCBC

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Singapore hospitality REITs offer a compelling earnings recovery story, says OCBC Investment Research.

OCBC says recent Singapore Tourism Board projections for jump in visitor arrivals this year “bolsters the earnings recovery theme for hospitality REITs CDL Hospitality Trusts (J85.SG) and Ascott Residence Trust (A68U.SG).”

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