WCT to list REIT on Main Market

The group said the initial portfolio of the REIT will comprise retail properties currently owned by its subsidiaries or joint-venture companies.

PETALING JAYA: WCT Holdings Bhd has proposed to establish and list a real estate investment trust (REIT) on the Main Market of Bursa Malaysia.

In a filing with Bursa Malaysia, the group said the initial portfolio of the REIT will comprise retail properties currently owned by its subsidiaries or joint-venture companies, which have yet to be identified.