IGB REIT cautious on retail sales growth

IGB REIT cautious on retail sales growth

The Star Online - Business·2024-04-17 19:00

KUALA LUMPUR: The manager of IGB Real Estate Investment Trust

Bhd (IGB REIT) said it is cautious on retail sales growth, which it expects to affect the performance of its tenants in shopping malls.

"The key challenge for the Malaysian retail industry is the rising cost of living.

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