REITs remain a good bet

UOB Kay Hian said Malaysian REITs still commanded attractive yields compared with fixed income instruments in the current low interest rate environment.

PETALING JAYA: Real estate investment trusts (REITs) are still deemed to be attractive despite rising bond yields, according to UOB Kay Hian.

In a report yesterday, UOB Kay Hian noted that while the share prices of REITs are negatively correlated to bond yields, it had not observed this trend since 2020.