Investors may turn neutral on REITs

  • Business
  • Saturday, 10 May 2014

THE initial negativity surrounding real estate investment trusts (REITs) may be dissipitating but the market is not expected to have the same buoyancy as in the previous years, says Sunway REIT Management Sdn Bhd CEO Datuk Jeffrey Ng.

Ng says “the negativity has turned neutral” based on a meeting with fund managers some weeks ago in which foreign funds were considering the more defensive counters.

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Business , property


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