REITs performing above expectations

Maybank Research said.“Our top buy pick is Axis REIT (pic) which offers a 5.6% forecast net yield for 2022. Sentral REIT, Pavilion REIT and KLCC REIT offers 7.6%, 5.2% and 4.9% forecast yields respectively,” it added.

PETALING JAYA: There are expectations of an eventual earnings recovery for retail and hospitality real estate investment trusts (REITs) in Malaysia this year.

This will be driven by lower rental assistance and the soon re-opening of international border gates, said Maybank Research.