Hong Leong upgrades Malaysia REIT sector to overweight

Hong Leong upgrades Malaysia REIT sector to overweight

The Edge Markets - Malaysia·2020-01-10 12:45

KUALA LUMPUR (Jan 10): Hong Leong Investment Bank Bhd upgraded the Malaysian real estate investment trust (REIT) sector to “Overweight” from “Neutral”, as yield plays for REITs are expected to remain in favour with another overnight policy rate (OPR) cut on the cards.

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