IGB REIT's 2Q NPI up 1.6% y-o-y on higher rental income
KUALA LUMPUR (Aug 2): IGB Real Estate Investment Trust's (IGB REIT) net property income (NPI) for the second quarter ended June 30, 2017 (2QFY17) rose 1.
Pavilion REIT 1HFY17 below expectations
Pavilion Real Estate Investment Trust (July 28, RM1.
PavREIT to raise RM370.6m to fund RM580 mil Pavilion Elite buy
KUALA LUMPUR (July 28): Pavilion Real Estate Investment Trust (PavREIT), which inked an agreement to buy Pavilion Elite Mall for RM580 million, is planning a private placement to raise RM370.
Melawati Mall targets 80% occupancy by year end
PETALING JAYA (July 27): Melawati Mall in Taman Melawati, Kuala Lumpur opened its doors yesterday to serve an estimated 740,000 residents in the surrounding neighbourhoods which include Taman Melawati, Taman Melati, Wangsa Maju, Bukit Antarabangsa, Ukay Heights, and Kemensah Heights.
What is the way forward for Singapore’s retail scene?
ONLY a handful of about 200 attendees at the recent Real Estate Developers’ Association of Singapore (Redas) property market update seminar on July 7 spent at least S$200 (RM630) in a Singapore shopping mall in recent months, according to a straw poll conducted by Knight Frank Singapore’s Wendy Low, executive director of retail, and Alice Tan, head of consultancy and research.
CMMT to embark on various asset enhancement initiatives
CapitaLand Malaysia Mall Trust (July 20, RM1.
CapitaLand Malaysia Mall Trust’s 2Q NPI down slightly at RM59.8 mil, declares 2.06 sen DPU
KUALA LUMPUR (July 19): CapitaLand Malaysia Mall Trust’s (CMMT) second quarter net property income (NPI) came in at RM59.
EkoCheras Mall slated for opening middle of next year
KUALA LUMPUR (July 18): Ekovest Bhd plans to have the EkoCheras Mall completed for opening by middle of next year.
Sogo expands to Johor Bahru
KUALA LUMPUR (July 18): Sogo Malaysia has agreed with IGB Corp Bhd to be the major department store anchor in the new Mid Valley Megamall at Southkey, extending Sogo's reach into Johor Bahru.
