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Hi Everyone,
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When I look at NAV of REITs (such as Mapletree Logistics Trust, Ascendas, etc), there are two types; one for Group and one for Trust.
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As an investor, which one is more correct to take it as reference to calculate P/B ratio?
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Was taught to look at group figures (ie the listed entity).
these days i take short cut and look at the number given in sgx website.