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Can you put it on the scales, please? desyrel, Contractual protection against declining rents offers downside protection: The rental structure of Singapore hospitals ensures that PREIT’s revenues from Singapore will grow by at least 1% per annum for the remaining lease term of approximately nine years as of end-2012. Approximately 72.1%* (by revenue) of the Japan portfolio is also protected from downside risk. PREIT’s rental structure, coupled with the low correlation between the underlying healthcare revenues and the general business cycle, translates into greater stability of cash flows compared with the majority of Singapore REITs.