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KUALA LUMPUR: Maybank Investment Bank Research is keeping YTL REIT as its top Buy due to its resilient earnings from its Malaysian and Japanese assets, which are on master leases with rental step-ups.
PETALING JAYA: The oversupply of retail malls in Malaysia seems to be a rising issue now with the industry not only witnessing similar tenancy mix and offerings but also sudden closure of businesses while some postponing their openings.
PETALING JAYA: The risk of office space vacancy within KLCC Property Holdings Bhd’s (KLCCP) portfolio is very minimal, according to UOB Kay Hian Research (UOBKH).
PETALING JAYA: Plans to develop three new high-rise buildings near the Petronas Twin Towers in the Kuala Lumpur City Centre (KLCC) are speeding up, with tender documents for sub-works to be issued in a few months, according to sources.