PETALING JAYA: TA Research remains upbeat about Bursa Malaysia’s Real Estate Investment Trusts (M-REITs) prospects for the second half (2H) of the year, but believes valuations will be hit by higher interest rates, weaker consumer purchasing power and the impact of higher financing costs.
The research house expects a significant earnings recovery for M-REITs in the second half of the year, underpinned by the strong recovery in the economy.
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