YNH Property’s 3Q net profit slumps 97% to RM43,000
“The group's performance for this year was mainly derived from profit recognition from sales of inventories in Pangsapuri Samudera, and progressive profit recognition of Kiara 163 KL.
AME Elite's 2Q net profit rises fourfold to RM45.8m
AME group managing director Kelvin Lee Chai said that strong demand was recorded not only for its existing i-Parks, but also its newly-launched 169.
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GenM, Genting swing to profitability in 3Q as performances improve across board
On prospects, both GenM and Genting remain cautiously optimistic about the near-term outlook of the leisure and hospitality industry and remain positive in the longer term.
YTL Hospitality REIT’s 1QFY23 income available for distribution increases 73% y-o-y
This was due to normalization of rental after the end of the rental deferral program on June 30, 2022.
Tropicana remains in the red in 3Q despite topline improvements
At the operating level, Tropicana recorded profits of RM61.
Pavilion REIT inks deal to buy Pavilion Bukit Jalil mall from Malton for RM2.2 bil
Pavilion Bukit Jalil mall, located in Bukit Jalil, has a net lettable area of 1.
Sunway REIT’s 3Q NPI jumps 82%, spurred by retail and hotel segments
Looking ahead, Sunway REIT Management Sdn Bhd — the manager of Sunway REIT — said it remains optimistic on the group’s outlook for FY2022, underpinned by strong growth in its retail segment, gradual recovery in the hotel segment and the new income contribution.
Over 4,500 registrants for Noöra @ Desa ParkCity even before its launch
The early registrants will be given priority sale upon launch.
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.
