Sunway REIT’s 2Q property income up 11.9%, declares 2.57 sen DPU
KUALA LUMPUR (Jan 28): Sunway Real Estate Investment Trust’s (Sunway REIT) net property income (NPI) for the second quarter ended Dec 31, 2015 (2QFY16) came in at RM97.
Terror groups target Bangsar, Bukit Bintang, Hartamas; security at LRT stations tightened
KUALA LUMPUR (Jan 18): Terror groups are targeting Bukit Bintang, Hartamas, Bangsar and malls, such as Publika and The Curve, Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor said yesterday.
MREITs may acquire more assets this year
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
Value-driven retailing to push spending
KUALA LUMPUR (Jan 8): Last year was unkind to not only the Malaysian property market but also the retail sector.
IOI Properties sees lower FY16 profit margin
PUTRAJAYA (Jan 5): IOI Properties Group Bhd expects the financial year ending June 30, 2016 (FY16) to be a challenging but surmountable financial year for the company, due to the soft property market.
IOI Properties: Phase 2 of IOI City Mall to receive RM500 mil investment
PUTRAJAYA (Jan 4): IOI Properties Group Bhd is targeting to begin construction of Phase 2 of IOI City Mall here before this year end, with an investment of RM500 million.
Intermark Mall occupancy rate seen to improve under Pavilion REIT
Pavilion Real Estate Investment Trust (Dec 31, RM1.
Analysts say price for Intermark Mall purchase fair
KUALA LUMPUR (Dec 31): Analysts say Pavilion Real Estate Investment Trust (Pavilion REIT) is paying a fair price for Intermark Mall here, given that the commercial asset comes with a freehold strata title and is located on the fringe of the Golden Triangle.
Pavilion REIT makes another acquisition after three months
Pavilion Real Estate Investment Trust (Dec 30, RM1.
Pavilion REIT to buy The Intermark Mall for RM160 mil
KUALA LUMPUR (Dec 30): Pavilion Real Estate Investment Trust (Pavilion REIT) is buying The Intermark Mall, which forms part of The Intermark mixed-use development located at the crossroads of Jalan Ampang and Jalan Tun Razak here, for RM160 million cash, which will be fully funded through debt.
