MQREIT seen managing Covid-19 challenge well

The grand reception area

PETALING JAYA: Analysts from four research houses are generally positive about MRCB-Quill Reit (MQREIT) which declared a realised net income of RM38.87mil, and rewarded REIT holders with a 3.43 sen dividend for the first half of 2020.

Analysts from Kenanga, UOB Kay Hian, RHB and CGS-CIMB said the mid-cap REIT’s first half results were beyond expectations against today’s current backdrop of rent assistance and the coronavirus Covid-19 pandemic.