Transport checkpoint: KTMB auxiliary police personnel taking the temperature readings of ETS passengers at KL Sentral, Kuala Lumpur.
PETALING JAYA: Sentral Real Estate Investment Trust (REIT), formerly MRCB-Quill REIT, is likely to see flattish year-on-year earnings growth in 2021 and 2022, given minimal lease expiries and its track record of low single-digit positive reversions.
Kenanga Research said Sentral REIT
would, in 2021 and 2022, see minimal lease expiries of 21% and 14% of net lettable assets respectively, while the issue of oversupply of office spaces in the Klang Valley remains.
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