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.
Hektar REIT to install 13 EV charging stations across six malls
The installation initiative stems from a collaboration between Hektar Asset Management Sdn Bhd, manager of Hektar REIT, and GMA Resources.
Hektar REIT to buy Kolej Yayasan Saad for RM150m
The buildings it is acquiring include academic blocks, a great hall, staff and student accommodation, and sports and other facilities.
HLIB Research starts coverage on Hektar REIT, target price 60 sen
“Our forecasts imply a divvy yield of 9.
Hektar REIT renewed 25% of leases by NLA expiring in 2023
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.
Hektar REIT sees gain of RM41.6 mil from revaluation of six assets
The total value of the six properties — Subang Parade, Mahkota Parade, Wetex Parade,Central Square, Kulim Central, and Segamat Central — rose to RM1.
Hektar REIT 3Q net property income up 77% on improved revenue, NPI margin
Hektar REIT said the Malaysian retail landscape showed steady recovery, as it inches back to the pre-pandemic levels, and this is evident across the REIT’s portfolio.
