Hotel income boosts Sunway REIT 2Q earnings
KUALA LUMPUR (Feb 7): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) grew 10% year-on-year (y-o-y) to RM103.
KUALA LUMPUR (Feb 7): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) grew 10% year-on-year (y-o-y) to RM103.
PETALING JAYA (Jan 26): EdgeProp Malaysia’s Best Managed Property Awards, which aims to raise the bar on property management practices in the country, is back with two new categories this year.
PETALING JAYA (Jan 9): Sunway Real Estate Investment Trust (Sunway REIT) is planning a minimum investment of RM100 million, with the bulk of this sum going towards building the second phase of its Sunway Carnival Shopping Mall in Seberang Jaya, on the mainland of Penang.
KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.
KUALA LUMPUR (Aug 11): Sunway Real Estate Investment Trust (REIT) saw a 9.
PETALING JAYA (May 18): Property developers have called on the government to engage in dialogue with them before the adoption of the industrialised building system (IBS) is made mandatory for all players in the construction industry.
PETALING JAYA (May 12): Sunway Real Estate Investment Trust (Sunway REIT) has embarked on a sustainability campaign, “Clean Air – A Smoke Free Environment Project”, at Sunway REIT’s flagship asset, Sunway Pyramid Shopping Mall.
KUALA LUMPUR (May 2): Sunway Real Estate Investment Trust (Sunway REIT) says it is on track to achieve its RM10 billion property value target by the financial year ending June 30, 2020 (FY20) — which is just a little over three years away — via both asset enhancement initiatives and acquisitions of new strategic assets.
Datuk Jeffrey Ng, Chairman, Malaysian REIT, Managers Association Ng has more than 30 years of experience in finance, corporate planning and executive management in the property and hotel industry in Malaysia and Australia.
KUALA LUMPUR (Jan 12): Sunway Real Estate Investment Trust (SunREIT) is buying a 15.