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Perennial China Retail Trust Deepens exposure into Chengdu

Seeks approval to buy 50% stake in Chengdu Longemont Mall Attractive pricing, financing flexibility minimises risk, strong total return potential Maintain Buy and S$0.83 TP Acquiring Chengdu Longemont Mall at RMB10,000psm. In its latest circular issued to unitholders, PCRT is seeking unitholders’ approval for the acquisition of a 50% stake in Chengdu Longemont Mall (CLM) ...

 

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