The Star |
As investors seek stability amid global economic uncertainties, property experts believe real estate investment trusts (REITs) have the capability to withstand the volatility.
Rahim & Co International Sdn Bhd chief executive officer Siva Shanker firmly believes that REITs, in the next five years, will be “the darlings of the property sector”.
“Times are changing. Gone are the days when we used to see the property sector rising or falling by 20% to 30%.
“Instead, it’s going to be slow, steady and consistent. This is good for the market and that’s where REITs come in,” he told StarBiz.