Retail REITs stay cautious


KLCCP Stapled Group chief executive officer Datuk Md Shah Mahmood.

WHILE retail real estate investment trust (REIT) players are confident of their prospects for the year ahead, they are wary of the market’s persisting challenges.

According to Retail Group Malaysia (RGM) in its latest retail industry report, the biggest challenge facing the local retail industry this year remains the rising cost of living issue.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Gold steadies as Fed independence concerns offset easing geopolitical woes
Oil slips as investors assess supply outlook, US stock build
AirAsia X targets up to US$600mil debt restructuring after combining airlines
Telenor sells its stake in Thailand's True Corporation for US$3.9bil
Societe Generale to cut 1,800 jobs in France
Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected
Ringgit trading signals growing global confidence in Malaysia
Chipmakers driving AI boom
Nationgate says IRB investigation completed, records in order

Others Also Read