REITs seek more relief such as electricity discount, fee waivers

MRMA chairman Datuk Jeffrey Ng urged the government to speed up the proposed relief measures for M-REITs to remain relevant to investors at large.

KUALA LUMPUR: The Malaysian REIT Managers Association (MRMA) has urged the government to provide more relief measures to cope with the economic fallout from the Covid-19 pandemic.

The industry group had on Wednesday sought the electricity tariff discount to be increased from 15% to 25% for to hotels, retails malls, conventions and exhibition centres, commercial and industrial properties, for a six-month up to end-September.