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OFFERING the liquidity of a stock market as it is traded like stocks yet providing stable bond-like yields, real estate investment trusts (REITs) look set to become an explosive phenomenon in Asia.
KUALA LUMPUR: YTL Hospitality REIT is a still a Buy though Affin Hwang Capital Research has lowered its target price from RM1.60 to RM1.38 due to the dilution effect after its equity placement.
KUALA LUMPUR: The Budget 2018 proposals are positive, especially for the consumer, construction and tourism sectors, says Maybank Investment Bank Research.