Outlook for KLCCP office assets to remain stable


Kenanga Research, in a report yesterday, said Suria KLCC would see around 30% of leases up for expiry this year, adding that it expected flattish-to-mildly negative reversions for now.

PETALING JAYA: KLCCP Stapled Group’s (KLCCP) office assets are expected to remain stable on long-term leases, while its retail and hospitality segments are anticipated to remain challenging in the first half of 2021 due to the resurgence of Covid-19 cases.

Kenanga Research, in a report yesterday, said Suria KLCC would see around 30% of leases up for expiry this year, adding that it expected flattish-to-mildly negative reversions for now.

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KLCCP , KLCC Suria , office , property , Petronas ,

   

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