Analysts expect forward earnings growth for CLMT
According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.
Sime Darby Property's Elmina Lakeside Mall secures 85% tenancy prior to opening in 3Q2024
Some of the brands are Jaya Grocer, Harvey Norman, The Coffee Bean & Tea Leaf, Nak Nak, Inside Scoop, Kenny Hills Bakers, Jibby & Co, Chica Bonita, Sushi Zanmai, Para Thai, Super Saigon, Dolly Dim Sum, Watsons, Toys“R”Us, Twigs Bookshop, Lavender Bakery, Nyonya Colors, Ali, Muthu & Ah Hock, The Bike Artisan, Pets Wonderland and Happy Fish.
Bangsar Hill Park unveils Talisa and new property gallery at KL Gateway Mall
“Bangsar Hill Park has been intentionally designed as purely residential condominiums to complement the commercial aspect in this vicinity.
CapitaLand Malaysia Trust converts RM693 mil loan from CIMB into a sustainability-linked loan for funding of Penang mall buy
CapitaLand Malaysia said the facility marks its largest loan facility to-date and is linked to the sustainability performance targets of Queensbay Mall.
Axis-REIT to acquire shopping mall in Temerloh for RM25.75 mil
The REIT said the acquisition of Temerloh Mall in Taman Damai, from Amal Mewah Development Sdn Bhd, will be funded by its existing bank financing.
KLCCP Stapled Group's outlook unlikely dimmed by new TRX mall, inflation, say analysts
Research houses said the group's financial earnings for the quarter came in within their expectations, thanks to all segments of the group, particularly its hotel and management segments, showing strong financial performance for the quarter.
GuocoLand's 1Q net profit triples to RM4.8 mil on higher property development and hospitality contribution
Looking ahead, the group acknowledged challenges in the domestic property sector due to higher interest rates, ongoing inflation and an oversupply of properties in different markets and segments.
CLMT’s 3Q NPI jumps 53% to RM58 mil, pays 1.05 sen DPU
Distributable income for the quarter under review grew 29% to RM28.
UEM Sunrise takes back seat in the development of Medini's commercial zone
The disposal will result in UEM Sunrise no longer being the main driver of the development of the commercial zone of Medini, as its shareholding in NLSB will decline to 49% from 55%, while that of IHH will increase to 51% from 45%.
Analysts maintain 'buy' on IGB REIT after 9M net income met expectations
The earnings growth was mainly supported by higher tenant sales and positive rental reversion due to high shopper footfall at the Mid Valley Megamall and The Gardens Mall, they said.
