YTL-REIT to gain from steady income stream

PETALING JAYA: YTL Hospitality Real Estate Investment Trust’s (YTL-REIT) steady income from its assets in Japan and Malaysia, as well as growth from its Australian assets, is keeping analysts positive on the group despite it posting fourth-quarter financial numbers that missed expectations.

Although it cut the full-year earnings outlook of YTL-REIT by 4% for financial year 2024 (FY24) and FY25, Maybank Investment Bank (Maybank IB) Research remained positive on the company’s investment thesis.