Mixed outlook for real estate investment trusts

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Real estate investment trusts look set to regain their momentum among investors.

In a recent report, Kenanga Research said it prefers REITs that derive resilient rental income streams, particularly from industrial and retail property assets in prime locations.

WITH more economic stability and optimism returning into the market, real estate investment trusts look set to regain their momentum among investors. However, with lingering challenges that are exclusive to selected sub-sectors, the outlook may not be the same for all REITs in 2023.

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