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Acquisitions during the year added further scale and breadth to Regional REIT’s (RGL’s) portfolio, with the degree of diversification (by region, sector, property and tenant) helping to mitigate some of the risks inherent in the sector. The debt structure has been simplified and maturity extended, and the asset management team further strengthened. As previously announced, DPS grew by 3%, fully covered by earnings, and management reconfirmed its commitment to a progressive dividend policy.

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