Property sector to benefit from re-opening of economy, says RHB IB
KUALA LUMPUR (April 11): RHB Investment Bank Bhd said the property sector should generally benefit from the re-opening of the economy and international borders.
KUALA LUMPUR (April 11): RHB Investment Bank Bhd said the property sector should generally benefit from the re-opening of the economy and international borders.
KUALA LUMPUR (April 11): Sunway Real Estate Investment Trust (Sunway REIT) has appointed Tan Sri Amirsham Aziz, a former Minister as well as former Maybank president and chief executive officer, as its new chairman effective Friday (April 8).
KUALA LUMPUR (April 7): Despite the outlook on retail sales improving, AmInvestment Bank expects rental reversions for malls in prime locations to remain muted in the near term as tenants will still require some time to recover to their pre-pandemic sales level.
KUALA LUMPUR (March 14): AmInvestment Bank Research (AmResearch) on Monday maintained its "buy" call on Sunway Real Estate Investment Trust (Sunway REIT) as the local research house foresees the reopening of borders on April 1 will boost the group’s retail and hotel segments as international trade and travel resume.
KUALA LUMPUR (March 10): The Langkasuka project in Langkawi will kick start in the second quarter of 2022.
PETALING JAYA (Feb 11): Iskandar Capital Sdn Bhd announced a mixed-income housing (MIH) project that will be developed in Wawari, a 3,000-acre sustainable development in Iskandar Puteri, Johor.
KUALA LUMPUR (Jan 6): A resurgence of daily Covid-19 infection cases following the emergence of new variants, high building material prices, a potential overhang among property stocks ahead of the general election and earlier-than-expected rate hikes are hindering real estate from recovering, said RHB Investment Bank.
KUALA LUMPUR (Oct 29): Malaysia's inflation, measured by the consumer price index (CPI), is expected to moderate from current levels to 2.
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.
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust's (REIT) net property income (NPI) fell 2.