Among the four REITs – IGB REIT, Sunway REIT, Pavilion REIT and YTL REIT – under AmInvestment Researchs coverage, it expects IGB REIT (with fair value or FV of RM2.09) and Sunway REIT (FV RM1.94) are primed to lead the recovery.
PETALING JAYA: The real estate investment trust (REIT) sector may be on a recovery path over the next 12 to 18 months as consumer spending and footfall increase.
Based on that, AmInvestment Research has upgraded its call from “neutral” to “overweight” for the sector.
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