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Analysts still favour IGB REIT despite lowering earnings forecasts

RHB Institute Research said it continues to like IGB REIT for its solid recovery prospects upon mass vaccinations and the broad reopening of the economy as well as considering its fully tenanted retail assets, strategic rental structure, and largely domestic shopper profile. The local research house kept its "buy" call on the REIT with an unchanged target price (TP) of RM1.95. 

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Star Media Group to list property on Airbnb

At an appropriate time, Star Media will consider the possibility of developing real estate projects for the next cycle of growth in the property development industry to increase investment yield, Chor said in the company’s latest annual report, which was filed with Bursa Malaysia yesterday.

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