KUALA LUMPUR: YTL Hospitality REIT is expected to see higher distributable earnings for financial years 2020 and 2021 on higher contributions and lower financing cost for its Australian dollar borrowings, says Affin Hwang Capital research.
It forecasts YTL REIT to grow its financial year 2020 (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.