YTL Hospitality REIT asset, Ritz-Carlton Kuala Lumpur (Google Maps)

Malaysia-listed YTL Hospitality REIT has reported an uplift in the valuation of its property portfolio despite ongoing uncertainties over the travel industry.

The REIT, which has a portfolio of 15 assets across Australia, Malaysia and Japan, conducted a revaluation exercise as part of its routine for the financial year.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.