Capitaland Malaysia gets unitholders’ nod to buy Queensbay Mall for RM990.5m
Unitholders also approved a private placement of up to 1.
CapitaLand Malaysia expects occupancy recovery momentum to sustain in 2023 despite challenging macro environment
At the end of 4QFY2022, the REIT’s portfolio occupancy rate stood at 85.
UEM Sunrise injects Johor land into JV with CapitaLand to expand Nusajaya Tech Park
UEM Sunrise said its indirect wholly owned Nusajaya Rise Sdn Bhd has inked two sale and purchase agreements with NTPSB, the JV of UEM Sunrise's wholly owned UEM Land Bhd and CapitaLand's indirect unit Ascendas Land (Malaysia) Sdn Bhd, for the sale of the plots for RM289.
CapitaLand Malaysia Trust to acquire Penang's Queensbay Mall for RM990.5 mil
The acquisition of Queensbay Mall will deepen CLMT’s presence in Penang, thus strengthening its foothold in the northern region of Malaysia, where it already owns Gurney Plaza and is targeting to complete the acquisition of its first logistics property in Penang in the fourth quarter of this year.
CapitaLand Malaysia Trust's NPI doubles in 3Q, announces 1.01 sen DPU
The real estate investment trust (REIT) said distributable income for the quarter amounted to RM22.
Capitaland Malaysia in process of consolidating sideways, says RHB Retail Research
KUALA LUMPUR (June 10): RHB Retail Research said Capitaland Malaysia Trust is in the process of consolidating sideways above the 21-day average line, with improved trading volume seen on Thursday (June 9) – forming a “higher low” bullish pattern.
CapitaLand buys industrial properties from Dynaciate for RM80m
KUALA LUMPUR (June 8): CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.
CapitaLand Malaysia Trust NPI jumps 45% in 1QFY22, announces 0.95 sen DPU
KUALA LUMPUR (April 28): CapitaLand Malaysia Trust (CLMT) posted a 45% rise in net property income (NPI) to RM36.
CapitaLand's 3Q NPI more than halved to RM18.57m, dragged by lockdown
KUALA LUMPUR (Oct 22): CapitaLand Malaysia Trust (CLMT) (formerly known as Capitaland Malaysia Mall Trust) saw its net property income (NPI) for the third quarter ended Sept 30, 2021 (3QFY21) contracted 54.
CLCT eyeing to acquire four logistics assets in China for S$298m
SINGAPORE (Oct 12): The manager of CapitaLand China Trust (CLCT) is planning to acquire four assets in China worth close to S$298 million (RM915 million), reported Business Times Singapore.
