For Sunway REIT it noted that the Sunway Clio Hotel and Sunway Pyramid Hotels are among the 49 hotels gazetted as quarantine stations for Malaysians returning from abroad.
PETALING JAYA: Real estate investment trusts (REITs) are one of the casualties of the Covid-19 outbreak and have entered a period of heightened uncertainties with REIT managers feeling cautious on the outlook.
The REITs listed on the Bursa Malaysia which are mainly operating in the commercial retail, hotel and office space segment could continue to face uncertainties and this would impact them in the near to middle term, said Affin Hwang Capital Research.
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