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Merger of Ascott Reit, Ascendas Hospitality Trust makes sense

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COMMENTARY: Merger of Ascott Reit, Ascendas Hospitality Trust makes sense

Capitaland's announcement on Wednesday that it would merge Ascott Residence Trust and Ascendas Hospitality Trust should not be a surprise to market watchers, following the merger of their respective parents.

CAPITALAND's announcement on Wednesday that it would merge Ascott Residence Trust and Ascendas Hospitality Trust should not be a surprise to market watchers, following the merger of their respective parents.

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