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CMA approves grant of REIT manager license to Acorn

The Capital Markets Authority (CMA) has approved the grant of a Real Estate Investment Trust (REIT) Manager license to Acorn Investment Management Limited.

In approving the grant of the license to Acorn Investment management Limited, CMA confirmed the firm met the requirements for REIT Managers as provided in the Capital Markets (Real Estate Investment Trusts)(Collective Investment Schemes) Regulations, 2013; the Capital Markets (Corporate Governance)(Market Intermediaries) Regulations, 2011; and any other applicable Regulations.

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