PETALING JAYA: Malaysian real estate investment trusts (REITs) are expected to continue outperforming the market this year on sustained consumer spending, industrial-investment momentum and favourable yield spreads between them and the 10-year Malaysian Government Securities (MGS).
RHB Research has maintained an “overweight” stance on Malaysian REITs with its top picks being Pavilion-REIT and AME-REIT, both with “buy” calls and target prices of RM2 and RM1.80, respectively.
