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flag Yuexiu REIT sells part of its Guangzhou tower stake to reduce debt and improve financial health.

flag Yuexiu Real Estate Investment Trust (Yuexiu REIT) plans to sell a 50% stake in the Yuexiu Financial Tower in Guangzhou for about RMB3.433 billion, reducing their overall interest to 49.495%. flag The proceeds, along with a new RMB3.0 billion bank loan, will be used to pay off debts, lowering their gearing ratio from 48.1% to 41.2% and reducing interest expenses. flag This move aims to improve Yuexiu REIT's financial health and competitiveness.

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