Strong growth prospects of Al-Sālam REIT
- Al-Salām REIT’s baseline organic growth will be driven largely by the potential revision to rental rates of the KOMTAR JBCC shopping mall.
- The Sponsor and the REIT Manager are committed to growing the REIT, where the Manager will leverage on the Sponsor by tapping into its pool of assets for acquisition opportunities
Bright prospects of Malaysia’s retail and food and beverage services sector
- Retail sales in Malaysia is expected to grow from RM168.7 billion in 2013 to RM190.5 billion in 2016, representing a CAGR of 4.1% with store-based retailing continuing to remain a key component of retail sales
F&B Services Sector
- Sales transactions for consumer foodservice is expected to grow from RM33.3 billion in 2013 to RM38.9 billion in 2016 at a CAGR of 5.3%
Source: Extracted from the independent market research report prepared by Raine & Horne and SMITH ZANDER