KUALA LUMPUR: YTL Hospitality REIT
is expected to see higher distributable earnings for FY2020 and FY2021 on higher contributions and lower financing cost for its Australian dollar borrowings, says Affin Hwang Capital research.
It forecasts YTL REIT to grow its FY20 distributable earnings per unit by 10% on full-year contribution from Green Leaf Niseko Village, earnings recovery at Brisbane Marriott Hotel post-renovation and rental revision at JW Marriott following the renovation works.
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