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SF Reit, spun off by owner of ‘China’s FedEx’, won’t achieve goal of doubling assets to US$1.5 billion as interest rates soar


The first real estate investment trust in Hong Kong to focus on logistics properties will not be able to achieve the target of doubling its portfolio within two years of listing because interest rates have increased sharply, CEO admits.

Source : South China Morning Post
Read more…SF Reit, spun off by owner of ‘China’s FedEx’, won’t achieve goal of doubling assets to US.5 billion as interest rates soar

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