CapitaLand Malaysia Mall Trust property, Gurney Plaza. (Photo: REITsWeek)CapitaLand Malaysia Mall Trust property, Gurney Plaza. (Photo: REITsWeek)

The movement control order (MCO) that was enacted by the Malaysian government on 18 March has severely affected retail activities in the country, including those of retail REITs.

However, despite the ongoing MCO, retail REIT Capitaland Malaysia Mall Trust (CMMT) is seeing glimmers of hope given footfall resilience seen at two of its properties.

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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.