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.
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