Parliamentary proceedings point to measured approach on Rental Waiver Bill

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Singapore is about to pass yet another law that could stifle near-term cash flows of REITs with properties in the country.

It is presently known as the Rental Waiver Bill, and if passed, will be the second legislation enacted since the COVID-19 outbreak that will have a direct impact on a REIT’s finances.

Related: Singapore REITs could see further deterioration in cash flows with latest proposed bill


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