PETALING JAYA (May 19): The Employees Provident Fund (EPF) is studying the sale of the Axiata Tower in Kuala Lumpur Sentral, with the Grade A office tower likely to fetch as much as RM530 million, reported The Edge weekly.
KUALA LUMPUR (May 17): MRCB-Quill REIT (MQREIT) saw its net property income (NPI) for the first financial quarter ended March 31, 2018 (1QFY18) fell by 7% to RM34.
KUALA LUMPUR (Jan 8): MRCB-Quill REIT (MQREIT) has announced that Maybank Trustees Bhd — as a trustee for and on behalf of MQREIT — has signed a sale and purchase agreement with Transmark Corporation Sdn Bhd for the disposal of a warehouse-cum-office building for RM28 million cash.
CONTRARY to the expectation of most economists, Bank Negara Malaysia cut the overnight policy rate (OPR) by 25 basis points to 3% last Wednesday, following its counterparts from Indonesia, Singapore and Taiwan.
KUALA LUMPUR (July 1): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) is buying Menara Shell in KL Sentral from Malaysian Resources Corp Bhd (MRCB) for RM640 million.
Real estate investment trust sector Maintain neutral: Recently, we met up with management of several real estate investment trust (REIT) companies under our coverage and they reiterated their cautious view on the overall operating environment amid subdued consumer sentiment.