PETALING JAYA: Veteran real-estate investment trust (REIT) executive Datuk George Stewart LaBrooy, who will be retiring at the end of the year from Axis REIT Managers Bhd, describes REITs as steady investments when markets fall during volatile times.
“Over the last six months, REITs have a been a rock of calm in a turbulent sea. Share prices have been steady. Their resilience shines when markets turn this way. They are a solid form of investment,” LaBrooy, 63, said, adding that they have grown to become a significant and sound investment option for many investors.
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