News about DG

For the full FY2022 ended Dec 31, 2022, Axis REIT logged an NPI of RM245.

At the end of 4QFY2022, the REIT’s portfolio occupancy rate stood at 85.

It declared a distribution per unit (DPU) of 2.

The Sail, with a gross development value (GDV) of RM6.

The group said its wholly owned subsidiary Rexallent Construction Sdn Bhd has accepted the letter of award dated Jan 5 issued by ADM Design & Management Sdn Bhd.

Residential market's transactions expected to increase Industrial market’s demand surges It was an interesting year in 2022 for the Malaysia property market as we saw several initiatives by the government and improvements in sentiment among buyers and developers which led to what seemingly was a post-pandemic recovery phase for the sector.

BPS said the sales were achieved in the same year the power station opened to the public following a transformational eight-year restoration.

BNM said the country's growth in 2023 is expected to moderate amid a slower global economy, likewise the headline and core inflation figures — though the latter two will remain elevated amid lingering demand and cost pressures.

Prominent tenants are The Body Shop, Muji, L’OCCITANE, Starbucks Coffee, Roche (Malaysia), Accenture Technology Solutions, and Sunway Hotels.

Mah Sing said the land parcels located in Puchong Perdana have a potential gross development value of about RM726 million.