Malaysian REITS to continue healthy growth

Pedestrians walking near the giant LED screen showing the Malaysia flag in conjunction with the Merdeka month at Pavilion shopping mall in Kuala Lumpur. — IZZRAFIQ ALIAS/The Star

PETALING JAYA: Malaysian retail real estate investment trusts (REITs) are expected to benefit from stable occupancy rates across key assets, positive rental revisions and improving foot traffic.

According to AmInvestment Bank Research (AmInvest Research), these factors will help retail REITs to continue enjoying healthy growth this year supported by a stable labour market, modestly higher inflation of 2.5% to 3.5% as well as the gradual recovery in tourist arrivals.