Lower OPR could drive investor demand for MREITs


KUALA LUMPUR: The recent reduction in the overnight policy rate and declining global government bond yields should keep MGS yields compressed and drive investor demand for alternative yielding assets such as Malaysian REITs, says Affin Hwang Capital research.

The research house, which has an overweight recommendation on the sector, said it expects the 10-year MGS yields to remain below 3%.

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