HLIB Research starts coverage on Hektar REIT, target price 60 sen
“Our forecasts imply a divvy yield of 9.
“Our forecasts imply a divvy yield of 9.
Going forward, Hektar REIT executive director and chief executive officer Johari Shukri Jamil shared that there are 94 tenants covering 528,121 sq ft of space that is set to expire in 2024, followed by 58 tenants with 187,202 sq ft expiring in 2025.
The total value of the six properties — Subang Parade, Mahkota Parade, Wetex Parade,Central Square, Kulim Central, and Segamat Central — rose to RM1.
KUALA LUMPUR (June 13): Hektar Real Estate Investment Trust (REIT) chief executive officer (CEO) Datuk Hisham Othman, 60, is retiring from his position and will be succeeded by non-executive director Johari Shukri Jamil.
PETALING JAYA (June 29): Hektar Real Estate Investment Trust (REIT) said it is in “survival plus recovery” mode for the rest of the financial year ending Dec 31, 2020 (FY20) as the group contends with the impact of Malaysia's movement control order (MCO) to curb the Covid-19 pandemic.
KUALA LUMPUR (Sept 6): Hektar REIT was named the first runner-up in the Asean Energy Efficient Building: Retrofitted Building category at the Asean Energy Awards & Gala Dinner held in Bangkok, Thailand on Wednesday.
KUALA LUMPUR (April 16): Hektar Real Estate Investment Trust's (Hektar REIT) plan to double its assets value to RM2.
KUALA LUMPUR (April 19): Hektar Real Estate Investment Trust (Hektar REIT) aims to double its portfolio asset value to RM2.