Improving outlook: UOBKayHian Research expects the performance of prime retail malls such as Suria KLCC to recover by the end of the year.
PETALING JAYA: Fears of oversupply in the commercial property market and sluggish retail sales are limiting investors’ appetite for Malaysian real estate investment trusts (REITs), according to UOBKayHian Research.
The firm, in a report yesterday, kept its “market weight” rating on the sector, citing lack of near-term catalyst.
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