Why are malls in secondary towns ‘faring better’?

KUALA LUMPUR (Jan 16): Malls in secondary towns are reported to be “faring somewhat better in terms of footfall, tenancy or even overall performance” compared to those in major towns/cities, reported The Edge Malaysia in its latest issue.

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Hektar REIT in survival, recovery mode for rest of FY20

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.

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Hektar REIT to pay income distribution a day earlier

KUALA LUMPUR (Sept 11): Hektar Real Estate Investment Trust (Hektar REIT) announced it will pay the second interim income distribution together with an advance income distribution for July and August, totalling 4 sen per unit on Sept 21, a day earlier than the scheduled Sept 22.

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Hektar REIT banks on turnover lease

KUALA LUMPUR (Sept 11): Turnover rent structure has helped Hektar Real Estate Investment Trust (Hektar REIT) to manage rental pressures amid a weak retail environment coupled with the overbuilding of malls in the Klang Valley.

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