Upcoming Johor-Singapore SEZ to benefit property developers and Reits in industrial, commercial sectors
PROPERTY developers and real estate investment trusts (Reits) in the industrial, commercial and hospitality sectors look set to get a boost when the upcoming Special Economic Zone (SEZ) in Johor, Malaysia is set up.
Singapore listcos with existing exposure to the Malaysian market, in particular, will stand to gain, said market observers.
The Johor-Singapore SEZ, which was formalised in January this year, aims to improve the cross-border flow of goods and people as well as increase investments between both countries.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
OpenAI, Reddit sign partnership on ChatGPT, AI products, ads
US Fed officials suggest interest rates should stay high for longer
Oil up after US economic data strengthens rate cut expectations
Europe: Shares snap nine-day winning streak as Siemens weighs
US: Stocks dip after Dow tops 40,000 for first time
Top HSBC shareholder Ping An exploring ways to cut US$13 billion stake