Govt may reconsider support for 'mature' reit sector, says Amir Hamzah


Finance Minister II Datuk Seri Amir Hamzah Azizan

KUALA LUMPUR: The government may need to reconsider the continuation of support for the real estate investment trust (REIT) sector as the industry has reached a level of maturity and strong commercial viability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

He said Malaysia has capitalised on the REIT business over the past 21 years, with the REIT sector now positioning itself as a viable alternative for companies to strengthen their balance sheet.

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