INDUSTRY NEWS (13 April 2021)
Brighter outlook for property sector but all upsides have been priced in
Against the backdrop of all the positives of the real estate sector having been priced in – thus offering limited upside to the target prices of property developers under its radar – Maybank IB Research has downgraded the sector to “neutral” from “positive”. The research house sees
‘Revenge spending’ to propel M-REITs as economy gradually re-opens
Malaysia’s real estate investment trusts (M-REITs) sector is poised for steady recovery, boosted by both the retail and hotel segments amid relaxation of the movement control order (MCO). Moreover, with the eventual re-opening of inter-state borders, gradual respite from
MRT3 tender expected in August, says MRT Corp
Mass Rapid Transport Corp Sdn Bhd (MRT Corp) is anticipating scheduling the tender for the Mass Rapid Transit Line 3 (MRT3 Circle Line) in August, said its chief executive officer Datuk Mohd Zarif Hashim. The rail developer has already issued requests for information (RFI) to
Powered by |
|
