Axis REIT buys warehouses in Pasir Gudang for RM32m
KUALA LUMPUR (Oct 25): Axis Real Estate Investment Trust (REIT) has acquired a warehouse logistics facility built on leasehold land in Pasir Gudang, Johor for RM32 million.
KIP REIT's 1Q NPI dips 2.3% to RM13.7m, declares 1.55 sen distribution
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust's (REIT) net property income (NPI) fell 2.
Sentral REIT plans to raise up to RM3b via debt programmes for investments, working capital, and to refinance borrowings
KUALA LUMPUR (Oct 16): Sentral REIT (formerly MRCB-Quill REIT) has lodged debt programmes with the Securities Commission, through which it plans to raise up to RM3 billion in combined aggregate value to finance its investment activities and general working capital, as well as to refinance its borrowings.
Country Heights chairman to inject assets worth RM554m into group
KUALA LUMPUR (Oct 7): Country Heights Holdings Bhd has entered into five heads of agreements (HoAs) to acquire assets from its executive chairman and controlling shareholder Tan Sri Lee Kim Yew’s private investment holdings.
VPEX 2021 webinar EP 3: Malaysia remains a preferred destination for industrial investment
PETALING JAYA (Oct 5): Beyond the cost factor, Malaysia remains a preferred destination for industrial investment in the Asia region, for our well-developed infrastructure, land resources and a large talent pool.
Berjaya Corp's 4Q loss narrows on-year as revenue more than doubles, bolstered by gaming, F&B ops
KUALA LUMPUR (Sept 30): Berjaya Corp Bhd’s net loss eased to RM242.
EPF’s 1H investment income rises 25% to RM34.05b
KUALA LUMPUR (Sept 24): The Employees Provident Fund (EPF) recorded RM34.
Malaysia remains an attractive investment destination but political stability needed for growth - ASEAN-BAC
KUALA LUMPUR (Sept 20): Malaysia remains an attractive investment destination but political stability needed for economic growth and investment, according to the recently concluded ASEAN Business Advisory Council (ASEAN-BAC) consultation meeting in Malaysia with business associations representing US businesses to discuss Malaysia’s efforts in attracting foreign direct investment (FDI) from the United States and its business communities.
RHB stays neutral on property sector as new MM2H rules seen having minimal negative impact
KUALA LUMPUR (Sept 7): RHB Research has maintained its “neutral” rating on the property sector, and said it expects the new Malaysia My Second Home (MM2H) programme rules not to have a positive impact on the sector, nor a significant negative impact.
YTL Hospitality REIT in acquisition mode as yield-accretive assets emerge
KUALA LUMPUR (Sept 2): YTL Hospitality REIT is currently on the lookout for quality assets amid the industry downturn led by the pandemic, and does not rule out potential acquisitions in the near-to-medium term with the emergence of yield-accretive assets, analysts said.
