REITs in position for solid growth this year

RHB Research remains cautious over office subsector as the occupancy rate in Kuala Lumpur remains low at about 70%.

PETALING JAYA: The growth of new retail space in Kuala Lumpur is expected to ease over the next two years.

This should lead to better occupancy rates, benefiting real estate investment trusts (REITs), according to RHB Research.