Kenanga Research said the retail segment is set to see a healthy growth moving forward as mall occupancy rates and rental rates were noted to have improved modestly.
PETALING JAYA: Local real estate investment trusts (REITs) are set to become more attractive as the Malaysian Government Security (MGS) yield is anticipated to decline further by year-end, says Kenanga Research.
“Following net foreign investment inflows into the Malaysian bond market, we expect to see MGS yield to further weaken to 3.6% by year-end, after having recently eased from 4% to 3.7%.
