Ascott REIT expects benefits for Vietnam portfolio amidst trade tensions

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Amid ongoing trade tensions between Beijing and Washington, Ascott REIT has yet to see significant impact to occupancies of its Chinese properties, although it is closely monitoring the market.

The REIT explained recently that its properties have remained relatively unschathed, despite the months-long detente, due to the clientele that it serves in China.

Ascott REIT currently has a portfolio of seven hospitality properties across China.

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