REITs: Identity Crisis or Character Building?
Dato' Stewart LaBrooy , Executive Chairman, AREA Management | Adzman Ariffin, Chief Real Estate Consultant, ExaStrata Solutions
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The MRMA-driven (Malaysian REIT Managers Association) proposals under the auspices of the Securities Commission want real estate investment trusts to be allowed do more property development work compared to their largely investing role currently. At stake are the REITs' supposedly low-risk status and the preference of their investing clientele.
The SC is seeking public feedback for such proposals with a deadline of 13 September 2016.
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