REITs to gain from tourism, industrial growth


UOBKH Research said the primary concern is the potential changes to the 10% concession on withholding taxes for REIT income distributions.

PETALING JAYA: Malaysian real estate investment trusts (REITs) are facing uncertainty due to an expiring tax concession, which presents an “overhang” to the sector, analysts say.

UOB Kay Hian Research (UOBKH Research) said in a report yesterday the primary concern is the potential changes to the 10% concession on withholding taxes for REIT income distributions.

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