Industrial property REITs in better position for growth

TheStar Wed, Jan 25, 2023 12:00am - 2 months View Original

MIDF Research analyst Jessica Low Jze Tieng expects Axis-REIT to witness another strong performance in the financial year 2023 after ending FY22 on a positive note.

PETALING JAYA: Malaysian real estate investment trusts (REITs) that are highly exposed to the industrial or warehousing segment are deemed better positioned for earnings growth this year.

This is on the back of a solid demand for industrial properties, despite an expected slowdown in economic growth in 2023.

Analysts, however, have a mixed view on the overall outlook of the REIT sector, especially on trusts that have significant exposure in retail spaces and offices.


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