Singapore REITs investors brace for dividend cuts as distributions withheld

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Singapore REIT investors are bracing for further cuts in dividends, as REIT managers utilise a tax transparency extension granted by the government.

In April 2020, the Singapore government unveiled a slew of measures to mitigate against tougher operating conditions brought about by the COVID-19 outbreak.

Related: Singapore unshackles REITs from debt limits but investors could see near-term pain

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