Higher gearing limit a boon for M’sian REITs

REITs Malaysia

PETALING JAYA: The temporary increase in gearing limit will provide Malaysian real estate investment trusts (REITs) with better cash flow flexibility, amid the challenging operating environment during the Covid-19 pandemic.

AmInvestment Bank said in a report that REIT managers would also be able to manage their debt and capital structures more efficiently following the gearing limit increase.