PETALING JAYA: The opening of The Exchange TRX this month is expected to generate more retail space competition in the local real estate investment trust (REIT) sector.
CGS-CIMB Research said The Exchange TRX which is slated to be open to the public tomorrow, is likely to be a direct competitor to Pavilion KL and Suria KLCC, given its location and target market of mid-to-high-end customers.
