The important role REITs play in the economy


Major sector: REITs have grown into a RM40bil industry and is now a significant part of the Malaysian capital markets.

HAVING been involved with Real Estate Investment Trusts (REITs) since 2004, I thought it timely that I revisited the basic principles of what REITs essentially are to investors and capital markets.

REITs were a game changer when the first such instrument, Axis-REIT, was listed in August 2005 with a modest market capitalisation of RM300mil.

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Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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