Malaysian REITs yields to stay at 4% to 5% this year

  • Property
  • Friday, 15 Mar 2019

PETALING JAYA: The average yields that will be generated from Malaysian real estate investment trusts (REITs) this year is likely to remain at between four per cent and five per cent, given the property overhang in the country.

Manulife Asset Management Services Bhd chief executive officer Jason SM Chong, however, considered the yield growth as ''decent'' as it was still better than current fixed-deposit rates, which stood around three to four per cent per annum (p.a).