Creating the world’s first REIT for airports

  • Business
  • Saturday, 03 Nov 2018

PETALING JAYA: The government has proposed to set up the world’s first airport real estate investment trust (REIT) to raise RM4bil to fund future airport upgrades and expansion.

The idea of setting up an airport REIT is to move the aviation industry towards a self-sustainable model that does not have to depend on the government’s expenditure for future upgrades and expansion.

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