Pavilion REIT's 1Q net property income climbs 5% on stronger rental contribution
The REIT's distributable income came in at RM98.
Sunway Malls unveils Sunway Square Mall, with 95% leasing rate ahead of September opening
Sunway Square Mall will mainly comprise leisure and entertainment offerings with key tenants such as Village Grocer, BUMP Bouldering, TGV Cinemas, The Library by BookXcess, COUNT, KKV, Tutu Toe Dance Academy and GoFit.
IGB REITs report higher 1Q earnings but warn of challenges ahead
The two REITs, which run malls and office buildings, said economic uncertainty and possible fuel subsidy cuts may lower mall spending and hurt tenants, while office space faces too much supply and demand for newer buildings.
Sime Darby Property welcomes five anchor tenants to new KLGCC Mall
They are Jaya Grocer, Serai Group’s flagship concept, ACE Hardware, Asia Ballet Academy and the first HarborLand kids playland in Malaysia.
YNH to sell AEON Mall Seri Manjung to Sunway REIT for RM138m
The property is 100% leased to supermarket chain operator AEON Co (M) Bhd (KL:AEON), whose lease will last another 13 years until Dec 3, 2037.
Sultan of Selangor launches Elmina Lakeside Mall and museum
The mall, which has been operational since August 2024, serves as a retail and leisure hub for the City of Elmina and beyond.
Sunway REIT completes Kluang Mall acquisition
The mall, now rebranded as Sunway Kluang Mall, is nearly fully occupied with over 130 tenants and anchored by Pacific Hypermarket & Department Store.
Electricity tariff hike will ultimately push up prices for shoppers, mall operators warn
Malaysian Shopping Malls Association: "This announcement of a potential 15% increase in TNB tariffs is expected to place enormous financial pressure on both operators and consumers.
KSW Group opens The Commune Lifestyle Mall in Kulai, Johor, to public
Spread across four acres, the three-storey mall has a total net lettable area of 200,000 sq ft.
