Al-‘Aqar REIT outlook positive on lower cost of maintenance

The long-term earnings outlook for Al-‘Aqar Healthcare Real Estate Investment Trust (REIT) is expected to remain stable, led by the steady performance of its healthcare assets with distribution yield estimated at 5.4%.

PETALING JAYA: The long-term earnings outlook for Al-‘Aqar Healthcare Real Estate Investment Trust (REIT) is expected to remain stable, led by the steady performance of its healthcare assets with distribution yield estimated at 5.4%.

For the financial year 2021 (FY21), its earnings outlook is also expected to be positive, mainly driven by lower maintenance expenses and reduced financing costs.