Malaysian REITs a good defensive play


RHB RESEARCH named Axis Real Estate Investment Trust (Axis-REIT) and IGB REIT as its top picks for the sector.

PETALING JAYA: Despite the current global inflationary environment, RHB Research is turning more positive on the real estate investment trust (REIT) sector as a defensive play due to its “guaranteed” rental income.

However, RHB Research maintained its “neutral” rating on the sector, noting that it is “not there yet” and encourages investors to pick those with quality assets as it remains a tenant’s market.

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Monthly Plan

RM 13.90/month

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Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.02/month

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

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Property , REITS , Axis Reits , IGB Reits , RHB Research ,

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