MRCB-Quill REIT property, Menara Shell (Photo: MRCB-Quill REIT)MRCB-Quill REIT property, Menara Shell (Photo: MRCB-Quill REIT)

Prices of Malaysian REITs have dipped by between 7% and 37% in the year-to-date (YTD) for 2018, but recovery may be in sight as a new Malaysian government takes the helm.

Malaysians woke up to a new administration on 10 May after the ruling Barisan Nasional coalition, which had ruled over the country since 1973, was defeated in shock election results.

The new government is now led by a former Prime Minister, Mahathir Bin Mohamad, who moved swiftly to fulfil his election promise of scrapping the highly unpopular goods and services tax (GST).

To read the full article, please login or subscribe.

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.