Hektar REIT's Melaka land deal attractive and yield-accretive, says HLIB
Last Friday, Hektar announced that it is buying the land for RM40 million in the Durian Tunggal sub-district from KYS College Sdn Bhd in a related party transaction.
Hektar REIT to buy 42 acres of land in Melaka for RM40m
In a filing with Bursa Malaysia, the REIT said its trustee, MTrustee Bhd, is purchasing the land located in the Durian Tunggal sub-district from KYS College Sdn Bhd.
Hektar REIT to acquire 90% stake in Perlis land for solar farm project
MTrustee Bhd, acting on behalf of Hektar REIT, has entered into an agreement with Wan Realty Sdn Bhd and Darul Modal Sdn Bhd for the acquisition, valued at RM26 million, according to a bourse filing on Tuesday.
Hektar REIT targets 20% non-retail assets, aims to double portfolio to RM3b in five years
The REIT is eyeing assets with medium- to long-term leases, triple net lease structures (where tenants cover taxes, insurance and maintenance), and at least a 6.
Hektar REIT partners Samaiden in solar energy collaboration
The initiative is projected to result in long-term savings of approximately RM41.
Hektar REIT buys industrial asset in Penang for RM30 mil from MQ Tech’s unit
The acquisition brings Hektar REIT’s portfolio to eight properties, which currently include shopping malls and an educational facility.
Hektar Asset Management announces CEO resignation
Johari, 52, has decided to step down to pursue new opportunities after holding the CEO post for two years.
Hektar REIT announces first issuance under RM500m MTN programme
Hektar MTN Satu is a special purpose entity incorporated to raise financing on behalf of Hektar REIT.
Eddie Ong buys into Hektar REIT, says no plan to merge with KIP REIT for now
In a bourse filing on Wednesday, Hektar REIT said Ong acquired 42.
Hektar REIT achieves 87.7% occupancy rate across its retail portfolio in 3Q2023
Hektar Asset Management executive director and chief executive officer (CEO) Johari Shukri Jamil said: Hektar REIT’s malls, strategically positioned as neighbourhood and community hubs, have been the focal point of our success.
