CapitaLand Malaysia’s 1Q NPI up 9% on better revenue contribution; declares 0.87 sen DPU
Its portfolio occupancy improved to 89.
Its portfolio occupancy improved to 89.
Sunway REIT chief executive officer Datuk Jeffrey Ng Tiong Lip: “Sunway REIT has recovered well from Covid-19 pandemic.
The trust aims to grow its asset value to between RM14 billion and RM15 billion by 2027, from RM9.
Radium Development is a property developer of mostly high-rise residential projects in Kuala Lumpur.
The 650,000 sq ft shopping mall will comprise four floors of retail space, a landscaped park, a 10,000 sq ft event space, an outdoor dining terrace, and a kids play area.
Pavilion Kuala Lumpur Mall remained the REIT's biggest overall revenue contributor as well as for its mall segment, with gross revenue rising 18.
The office rental market remains challenging with the over-supply of office space particularly in the Klang Valley as more organisations, especially multinational corporations, continue to re-evaluate their workplace strategies and requirements, the REIT said.
Malaysia has committed itself to making our country an exemplary model of the Sustainable Development Goals, so how close are we towards that goal? KUALA LUMPUR (April 21): The signs are frightening – melting ice, dying coral reefs, and even the rising rate of mosquitoes (yes, global warming has made the earth more mosquito-friendly).
It was the second distribution whereby AME REIT distributed 100% of the quarter’s distributable income to its unitholders.
UOA REIT invests in office buildings across Klang Valley.