Listed in Nov 2015, Al-Salam REIT's share price has been on an uptrend, returning 15% YTD. Its prime asset, Komtar JBCC, is a shopping mall that could see strong growth potential and higher occupancies with massive redevelopments in Johor Bahru. However, concerns of an over-reliance on the mall may arise, as it contributes to more than 50% of the REIT's revenue. Potential asset injections may be a catalyst for earnings through its sponsor Johor Corp which owns substantial amount of hospitality assets. 

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags:  Malaysian equities,  MREITs,  JCorp,  shopping mall glut,  Komtar JBCC