Uneven recovery seen for REITs this year

Bursa Malaysia’s REIT index had slumped by 13.4% and 5% in 2020 and 2019, respectively, underperforming the benchmark FBM KLCI in both years.

THAT light at the end of the tunnel is getting brighter and brighter for the Malaysian real estate investment trusts (REITs).

Seen as one of the “recovery play” sectors, thanks to the reopening of the economy, REITs are generally expected to see improved earnings this year.