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Ascott Residences Trust (ART)

SG tourists

Broker's Calls

ART, CDREIT, FHT top picks as UOB keeps hospitality REITs at ‘overweight’

SINGAPORE (June 17): UOB Kay Hian is maintaining its “overweight” rating for hospitality REITs on the back of a strong performance from hoteliers in April and exceptional growth in tourist arrivals, particularly from China and Indonesia.
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