Daily Industry News Update (16 July 2021)

INDUSTRY NEWS (16 JULY 2021)

AmInvestment Bank maintains cautious outlook on property market

AmInvestment Bank Bhd maintains a cautious outlook on the property market in the second half this year in view of the current situation – the spiking number of Covid-19 daily cases and extended lockdown that could cause a slower-than-expected recovery. In a research note

Cover Story: Office REITs’ property income, distribution yield remain resilient

Contrary to popular belief, the office space market appears to be holding up despite the Covid-19 pandemic, based on net property income reported by local office real estate investment trusts (REITs). Perhaps more to the point, there is still demand for office space in

Cover Story: Unlocking asset value in a pandemic

IGB Bhd’s plan to unlock the value of its commercial assets through the listing of IGB Commercial REIT on the Main Market of Bursa Malaysia is seen as a bold move in the current tough business environment. While the recent new listings on Bursa were impressive, the

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