REIT managers association gets endorsement


  • Business Premium
  • Tuesday, 01 Dec 2009

KUALA LUMPUR: The managers of 11 Malaysian real estate investment trusts (REITs) on Monday endorsed the formation of the Malaysian REIT Managers Association (M-REITMA) which will be completed once given the go-ahead by the Registrar of Societies (ROS).

Among other objectives, M-REITMA aims to create an environment for more investments to be injected into high quality real estate in the country; improve transparency in corporate governance, disclosure and financial reporting, training and discussion groups; and analyse legislation and government policies.

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