PavREIT says Pavilion KL, Elite's footfalls unaffected by opening of TRX mall
Pavilion KL and the Pavilion Elite remained PavREIT's largest earnings contributors, accounting for about 77% (Pavilion KL) and 10.
Pavilion KL and the Pavilion Elite remained PavREIT's largest earnings contributors, accounting for about 77% (Pavilion KL) and 10.
He elaborated that the incentive now encompasses a broader range of green investment activities, including green hydrogen, electric vehicle charging stations, and wind energy.
“During the same period, ECERDC also achieved RM55.
Ab Aziz will officially assume the position upon an official announcement at the upcoming 74th Fiabci World Real Estate Congress 2024, which will be held May 27-31 in Singapore.
The PMO said various prerequisite approvals for the merger are being sought from several parties, including the Companies Commission of Malaysia and the Ministry of Finance.
In a note, Kenanga Investment Bank Bhd said it is optimistic about KLCCP's prospects in the upcoming quarters, bolstered by the office division's robust 100% occupancy rate as of end-December 2023, increase in hotel operation’s occupancy ratio from 52% to 55%, and improved performance in the management services due to the rise in transient and season car park customers.
This brings its total income distribution for FY2023 to 7.
The JV — Inneonusa Sdn Bhd — is 51%-owned by TM, 39%-owned by UEM and 10% by IIB.
The property sector stood out as the second best performing sector on Bursa Malaysia in 2023 as the KL Property Index recorded an impressive return of 34.
The tax at a rate of 5% to 10% (previously known as the luxury tax) will come into effect in May.