YTL Hospitality REIT (YTL REIT) is increasing the rent at three of its assets, and this will see it collecting an extra MYR2.695 million per annum.

YTL REIT is a Malaysia-heavy hospitality REIT that also has assets in Australia and Japan.

All three assets that will be charged additional rent are in Malaysia.

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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.