RHB Research said earnings growth for retail REITs would mostly depend on rental reversions on the back of stable occupancy rates.
PETALING JAYA: Real Estate Investment Trusts (REITs) continue to attract investors looking for a defensive yield play on the back of easing government bond yields, stable occupancy rates and normalising rental reversion.
RHB Research, however, believed the upside to their earnings may be limited due to increased competition in the retail sector and moderate growth in spending due to the higher cost of living.
