Reits with leasehold properties

You know like hdb flats most reits hold the property as leasehold, often 99 years.

I am doing homework on the first reit report I am reading which states the property is measured at cost and thereafter fair value.

I guess they will probably do maintenance from time to time to enhance the buildings. But given that there is no depreciation, then I guess lease decay will come in at some point in time.

Would you fret over lease decay?

yes of cos, lease has to be renewed. that is the for counters such as lippo mall