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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