Pavilion REIT’s attractive dividend yield a boost

“Looking into the second half of 2020, we expect the shopper traffic and consumer spending to recover from the first-half low, but is unlikely to revisit the 2019 level within 2020-2021 due to the weak economic growth and cautious consumer sentiment, ” Affin Hwang Capital research said.

PETALING JAYA: Pavilion Real Estate Investment Trust’s (REIT) earnings will likely remain under pressure in the near term amid the tough retail environment.

But its attractive dividend yield could help cap the counter’s downside risks, according to some analysts.