HLIB less bullish on Malaysia’s REIT sector as tax removal squeezes yields, investors shift to alternatives

HLIB less bullish on Malaysia’s REIT sector as tax removal squeezes yields, investors shift to alternatives

news

Updated:
  • Hong Leong Investment Bank downgraded Malaysia's REIT sector from "overweight" to "neutral".
  • They cited narrow yield spreads and competition from high-dividend alternatives as key factors.
  • Despite resilient earnings, rising operating costs and tax changes may limit growth potential.
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AmFIRST REIT closes FY2026 at highest occupancy since FY2014, portfolio revaluation adds RM14.4 mil as full-year revenue tops RM110 mil

AmFIRST REIT closes FY2026 at highest occupancy since FY2014, portfolio revaluation adds RM14.4 mil as full-year revenue tops RM110 mil

news

Updated:
  • AmFIRST REIT reported a strong financial year ending March 31, 2026, with occupancy at 88.7%.
  • Portfolio's revaluation resulted in a fair value gain of RM14.41 million, raising NAV per unit to RM1.2178.
  • A final income distribution of 1.60 sen per unit was declared, totaling 2.87 sen for FY2026.
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IJM Corp aims to list construction business by 2027, says Kenanga

IJM Corp aims to list construction business by 2027, says Kenanga

news

Updated:
  • IJM Corporation aims to list its construction business by the end of 2027 after fending off a takeover.
  • A board-level committee is overseeing a three-year asset unlocking exercise to boost shareholder value.
  • Kenanga maintains an 'outperform' rating with a target price of RM3.40 for IJM.
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NCM Co’s 2026 Auction Carnival returns on April 28

NCM Co’s 2026 Auction Carnival returns on April 28

news

Updated:
  • Ng Chan Mau & Co will host its sixth Auction Carnival on April 28 in Kuala Lumpur from 10am to 5pm.
  • The event features property, automotive, and art auctions, supporting the Visit Malaysia 2026 campaign.
  • Attendees can enjoy various activities, win prizes, and view original artworks at Art Auction on April 29.
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PropNex offers 19 properties for its April open house

PropNex offers 19 properties for its April open house

news

Updated:
  • This weekend, April 25 and 26, features 19 properties for viewing in Klang Valley and Penang!
  • Highlights include bungalows, terrace homes, and condominiums.
  • Interested buyers can contact agents for viewings of these diverse listings!
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AME REIT closes FY2026 with RM86 mil portfolio revaluation uplift, full-year distributable income rises 13% to RM44.3 mil

AME REIT closes FY2026 with RM86 mil portfolio revaluation uplift, full-year distributable income rises 13% to RM44.3 mil

news

Updated:
  • AME Real Estate Investment Trust (AME REIT) reported a strong financial year ending March 31, 2026.
  • The total revenue increased by 22.4% year-on-year to RM62.33 million.
  • A final income distribution of 2.16 sen per unit has been declared.
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Samchem leases Johor land for RM21m to build chemical storage terminal

Samchem leases Johor land for RM21m to build chemical storage terminal

news

Updated:
  • Samchem Holdings Bhd is leasing land in Johor Bahru to build a bulk liquid storage terminal.
  • The lease agreement for 439,092 sq ft is valued at RM21.08 million and runs until 2051.
  • This facility will enhance Samchem's capacity for chemical storage and distribution.
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Generasi Baru finale at Temasya Glenmarie this Saturday with insights, activities, giveaways

Generasi Baru finale at Temasya Glenmarie this Saturday with insights, activities, giveaways

news

Updated:
  • S P Setia Bhd's Generasi Baru campaign concludes with an event on April 25 at Temasya Glenmarie.
  • Attendees will gain insights on property trends and engage with industry experts and influencers.
  • Pre-registration offers rewards, including treats and a chance to win cash prizes and exclusive merchandise!
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CapitaLand Malaysia Trust posts 22.7% rise in distributable income in 1Q2026, backed by industrial acquisitions and stronger mall performance

CapitaLand Malaysia Trust posts 22.7% rise in distributable income in 1Q2026, backed by industrial acquisitions and stronger mall performance

news

Updated:
  • CapitaLand Malaysia Trust reported RM45.77 million in distributable income for 1Q2026, up 22.7% y-o-y.
  • The growth was driven by industrial acquisitions and strong retail performance, with occupancy at 94.7%.
  • CLMT has a forward purchase agreement for five industrial properties in Johor.
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Sunway REIT seeks unitholders' nod to renew mandate for related-party transactions at 13th AGM

Sunway REIT seeks unitholders' nod to renew mandate for related-party transactions at 13th AGM

news

Updated:
  • Sunway REIT is seeking unitholder approval for recurrent related party transactions at its AGM on May 21.
  • The mandate includes various operational transactions, with estimated revenues of up to RM300 million.
  • The board recommends approval, while key stakeholders will abstain from voting due to conflicts of interest.
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