REITs sector likely to have bumpy ride
PETALING JAYA: The road ahead for the Malaysian real estate investment trust (REIT) sector is expected to be a bumpy one, according to AmInvestment Bank Research.
The brokerage has maintained its “neutral” outlook on the sector, mainly due to the high valuations of the REITs.
“We advise investors to buy on weakness,” it said in a note yesterday.
However, as for the retail REITs, AmInvestment Bank Research said the segment has remained resilient.
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