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  ______   _    _               _____    _    _   
 /_   _// | || | ||     ___    |  ___|| | |  | || 
 `-| |,-  | || | ||    /   ||  | ||__   | |/\| || 
   | ||   | \\_/ ||   | [] ||  | ||__   |  /\  || 
   |_||    \____//     \__ ||  |_____|| |_// \_|| 
   `-`'     `---`       -|_||  `-----`  `-`   `-` 
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Text this: IMPACTS OF RIGHT OF FIRST REFUSAL ON REIT IPO INITIAL RETURNS: EVIDENCE FROM SINGAPORE REITS