MREITs may acquire more assets this year

MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).

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Housing ministry expects budget cuts

KUALA LUMPUR (Jan 14): The Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan has warned that his ministry would most likely to be affected by the impending cut in Budget 2016.

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