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Sentral REIT expects Klang Valley office rental rate, occupancy level downward pressure to continue in FY22

Sentral REIT expects Klang Valley office rental rate, occupancy level downward pressure to continue in FY22

Bernama/BernamaApril 07, 2022 01:19 am +08 KUALA LUMPUR (April 6): Sentral Real Estate Investment Trust (REIT) expects the rental rates and occupancy levels of Klang Valley office buildings to continue experiencing downward pressure in the financial year ending Dec 31, 2022 (FY22) due to the current excess supply and expected increase in supply. However, Sentral…

Retail rental reversion likely to be flattish, says AmInvestment Bank

Retail rental reversion likely to be flattish, says AmInvestment Bank

Tan Siew Mung/theedgemarkets.comApril 07, 2022 12:00 pm +08 Photo by Patrick Goh/The Edge– KUALA LUMPUR (April 7): Despite the outlook on retail sales improving, AmInvestment Bank expects rental reversions for malls in prime locations to remain muted in the near term as tenants will still require some time to recover to their pre-pandemic sales level….