REIT market capitalisation to grow 30% to RM20b this year
KUALA LUMPUR (June 25): The market capitalisation for Real Estate Investment Trust (REIT) in Malaysia is expected to grow by 30% to RM20 billion this year from RM15 billion last year, an industry player said.
Sunway REIT Management Sdn Bhd chief executive officer Datuk Jeffrey Ng said the increase was mainly from the listing of IGB Corp Bhd's REIT in the second half of this year.