Jeremy Talbert's comment on YTLREIT. All Comments

Jeremy Talbert
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AmInvestment Bank Research forecasts that YTL Hospitality REIT's recent acquisition of Syeun Hotel in Ipoh will contribute a minimum net property income (NPI) of RM3.4 million, representing 1% of the REIT's FY2024F NPI. They maintain a "buy" call on the REIT with a higher fair value of RM1.26 per unit.
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