KUALA LUMPUR: RHB Research has upgraded the Malaysian Real Estate Investment Trusts (REITs) to Neutral from Underweight as all the negative factors like the fear of rising bond yields and rising expenses have already been priced in.
It said on Thursday while the sector's downside risks were limited but it also pointed out its upside potential would probably be limited, as concerns over the anticipated interest rate hike still remain.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
