Coronavirus impact on YTL REIT seen temporary

AmInvestment Bank Research, in a report yesterday, said YTL REIT has master leases on properties in Malaysia and Japan that provide steady incomes. “At the current price, the stock offers a potential upside of over 20%. Maintain ‘buy’ on YTL REIT, ” it said

PETALING JAYA: The impact of the Covid-19 pandemic is expected to be temporary for YTL Hospitality Real Estate Investment Trust (YTL REIT), with its business set to normalise once the crisis is over.

AmInvestment Bank Research, in a report yesterday, said YTL REIT has master leases on properties in Malaysia and Japan that provide steady incomes.