AS interest rates in Malaysia have normalised and stabilised, albeit at an “elevated level” following the tightening cycle, listed real estate investment trusts (REITs) are now focusing on capital discipline, cash-flow visibility and asset quality.
While borrowing costs remain higher than the ultra-low levels of the lockdown years, there is no fear of near-term rate volatility. This has shifted investor focus toward balance-sheet resilience, refinancing profiles and the sustainability of distributions.
