CMMT’s share price and earnings soar even as competition intensifies
KUALA LUMPUR (July 20): CapitaLand Malaysia Mall Trust (CMMT) share price hit a one-year high of RM1.
Hektar REIT eyeing malls in second-tier cities
KUALA LUMPUR (April 26): Hektar Real Estate Investment Trust (REIT), which expects to maintain its distribution per unit (DPU) at 10.
Hektar REIT allocates RM20m to upgrade Landmark Central
KUALA LUMPUR (April 25): Hektar Real Estate Investment Trust (REIT) will continue its mall enhancement initiatives this year, allocating RM20 million to increase the overall net lettable areas (NLA) of Landmark Central in Kedah by 20,000 sq ft to 300,000 sq ft.
Former EON CEO Hisham Othman to head Hektar REIT
KUALA LUMPUR (April 20): Hektar Real Estate Investment Trust (REIT) founder and chief executive officer (CEO) Datuk Jaafar Abdul Hamid will be resigning as the CEO of its management company Hektar Asset Management Sdn Bhd (HAM) on May 1.
Hektar REIT slips into the red in 4Q on fair value loss
KUALA LUMPUR (Feb 17): Fair value adjustment arising from revaluation of its assets led Hektar Real Estate Investment Trust (Hektar REIT) to post a net loss of RM28.
Perak’s D Mall and D Hotel attract bids up to RM130m
KUALA LUMPUR: A two-year-old mall-cum-hotel in Bandar Seri Iskandar, Perak has captured the attention of investors, including a listed real estate investment trust (REIT), sources said.
UPDATE Hektar REIT looks at organic growth in FY15
KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT), the country’s first retail-focused REIT, will rely on organic revenue growth via its asset enhancement initiative (AEI) for its financial year ending December (FY15).
