Cautious outlook for Hektar REIT

Hektar Asset Management chief executive officer Johari Shukri Jamil

KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT) remains cautious about the 2024 outlook due to the volatile economic landscape driven by hawkish monetary policy, uncertain consumer sentiments, and lingering supply-chain issues from geopolitical concerns.

“We will continue adopting prudent financial management, cost optimisation and enhancing our asset efficiencies to help cushion the impact.