Analysts see REITs as defensive buys on uncertain outlook (The Star, 6 January 2012)

PETALING JAYA: Research analysts have mixed views on the stocks of property developers, with some saying that the oversold shares are due for a rebound while others are quite negative on the sector.

Some analysts also recommended real estate investment trusts (REITs) as defensive plays, given the uncertain outlook for growth in property development.

RHB Research Institute upgraded the property sector to “neutral” as it believed that the current valuations of property stocks had largely reflected the sector's negative factors.

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