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Business

REITs sector likely to have bumpy ride

AmInvest Research expects Pavilion Kuala Lumpur as well as Intermark Mall to continue maintaining high occupancy rates.

PETALING JAYA: The road ahead for the Malaysian real estate investment trust (REIT) sector is expected to be a bumpy one, according to AmInvestment Bank Research.

The brokerage has maintained its “neutral” outlook on the sector, mainly due to the high valuations of the REITs.

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