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Bangkok Post
Bangkok Post
Business

Ally REIT anticipates up to 35% revenue growth

Ally REIT Covid-19
Mr Kavin says entertainment and restaurant tenants experienced a strong rebound in the first quarter this year.

Ally Leasehold Real Estate Investment Trust (REIT) expects revenue growth of 30-35% in 2022 as tenants affected by Covid-19 have resumed their business, following a robust reopening last November.

Kavin Eiamsakulrat of KE REIT Management, which manages the Ally REIT, said two categories of tenants -- entertainment and restaurants -- experienced a strong rebound in the first quarter this year.

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