Proceeds from the debt notes to be issued under the programme will finance the REIT’s investment activities, refinance maturing sukuk wakalah under the programme, and fund requisite deposit in a sukuk trustee reimbursement account.
The REIT manages a diverse 54 properties worth RM1.
Both REITs are managed by Damansara REIT Managers Sdn Bhd, a wholly owned subsidiary of Johor Corporation and supported by KPJ Healthcare Bhd.
PETALING JAYA (July 14): Al-Salam Real Estate Investment Trust (REIT) aims to add almost RM1 billion worth of commercial and industrial properties to its portfolio of properties over the next three years, reported The Edge Malaysia weekly.
KUALA LUMPUR (Dec 4): Al-Salam Real Estate Investment Trust (Al-Salam REIT) is acquiring 22 properties located across Malaysia for a combined RM115 million in a related party transaction.
Al-Salam Real Estate Investment Trust (Nov 13, 99.
Al-Salam Real Estate Investment Trust (May 23, 97.
Al-Salam Real Estate Investment Trust (REIT) (Oct 27, RM1.
KUALA LUMPUR (Sept 29): Newly-listed Al-Salam Real Estate Investment Trust (Al-Salam REIT) will be targeting to acquire at least three new assets within the next two years.
KUALA LUMPUR: The general public portion of the initial public offering (IPO) of al-Salam Real Estate Investment Trust (REIT), en route to list on the Main Market of Bursa Malaysia on Sept 29, has been oversubscribed by 2.
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