Stock Digest - UOA Real Estate Investment Trust - Eyeing For Longer Term Recovery

Moving forward, we do not foresee a rapid growth in occupancy rates due to lingering effect from the Covid-19 pandemic as well as the inflationary pressures on the global economy which may risk on economic recovery. Rental rates are also expected to remain flat upon renewal of tenancies. Nevertheless, we are positive on UOAR’s outlook over longer term as rental activities are appeared to be on the road of recovery amid reopening of economic activities and national borders.