Affin Hwang remains neutral on MREITs despite OPR cut to 1.75%

KUALA LUMPUR (July 8): Affin Hwang Capital Research has maintained its "neutral" rating for Malaysian real estate investment trusts (MREITs) with a 5% distribution yield at the end of 2021 after Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR), for the fourth time this year, by 25 basis points (bps) to 1.

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IGB going ahead with commercial REIT IPO

KUALA LUMPUR (May 30): The Covid-19 pandemic and its economic fallout may have spooked many companies into putting their business plans on the back burner, but not IGB Bhd, The Edge reported today.

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