Industrial REIT segment seen as safe haven

Kenang Research said it favoured Axis REIT for its robust resilience during the pandemic

PETALING JAYA: The industrial real estate investment trust (REIT) segment is expected to be the least affected by the current lockdown, as most manufacturing businesses have been allowed to operate.

Kenanga Research in a report yesterday said the industrial REIT segment remained a safe haven, as businesses within the industrial sector have been faring well.