IGB REIT's 4Q2016 NPI up 13%, to pay 4.3 sen DPU
KUALA LUMPUR (25 Jan): IGB Real Estate Investment Trust’s (IGB REIT) net property income in the fourth quarter ended Dec 31, 2016 (4QFY2016) rose 13% to RM91.
MQ REIT’s 4Q NPI falls 4.5% as expenses, finance costs rise
KUALA LUMPUR (Jan 25): MRCB-QUILL REIT (MQ REIT)'s net property income (NPI) slid 4.
JLL: Vietnam, the rising star of Southeast Asia’s property market
PETALING JAYA (Jan 25): Vietnam will stand out as a rising star in the Southeast Asia property market with strong demand growth in the office, residential and retail sectors as well as increasing foreign direct investment (FDI) to the country, according to international real estate services firm JLL.
Rumawip Kampung Baru expected to be ready by next year
KUALA LUMPUR (Jan 25): The Federal Territories' Legasi Residensi Kampung Baru Affordable Homes under the Rumah Mampu Milik Wilayah Persekutuan (Rumawip) project here is expected to be ready by next year, according to a Bernama report yesterday.
Hektar REIT chairman Jaafar passes away
KUALA LUMPUR (Jan 25): Hektar Real Estate Investment Trust (REIT) announced yesterday to Bursa Malaysia that its non-executive chairman Datuk Jaafar Abdul Hamid (pictured) has passed away.
CMMT sees rental pressure remaining in near term
KUALA LUMPUR (Jan 25): The downward pressure on rental in shopping malls will remain in the near term as more shopping space comes into the market, according to Low Peck Chen (pictured), the chief executive officer (CEO) of Capitaland Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of Capitaland Malaysia Mall Trust (CMMT).
Singapore top gains and losses in 2016
AS the proportion of unprofitable property transactions surged from 9% (508 out of 5,433 matched transactions) in 2015 to 17% (1,002 out of 5,924 matched transactions) in 2016, the losses incurred by sellers climbed 62% from S$161 million to S$260 million over the same period.
More pressure on KL, Selangor office sector; retail segment remains weak
PETALING JAYA (Jan 24): The outlook for the Kuala Lumpur and Selangor office markets remain cloudy with no catalyst to boost office demand in the near term, according to real estate firm Knight Frank Malaysia.
DPU is down, retail sentiment is down. Why is CapitaLand Mall Trust still a buy?
SINGAPORE (Jan 24): By many accounts, CapitaLand Mall Trust is beginning to buckle at the seams amid the sluggish retail environment characterised by slow tenant sales and low shopper traffic.
Tower REIT’s 4Q2016 net property income drops 31.9%
KUALA LUMPUR (Jan 24): Tower Real Estate Investment Trust (REIT) reported a 31.
