SIX months ago, in a column entitled “Early signs of weakness in commercial real estate” dated March 6, a review was carried out among listed Malaysian Real Estate Investment Trusts (M-REITs) in terms of the market value of their properties, and to see the impact of the pandemic on the valuation of their properties.
In summary, based on the reported data by M-REITS with the financial year-end of December 2020, there are early signs of weakness among commercial properties, but not necessarily across the board.
Even within the office, retail, or hospitality segment, M-REITs seem to be resilient enough to withstand the economic headwinds.
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