HLIB: IGB REIT will continue to demonstrate resilience for rest of FY2023
In a note on Thursday (July 27), the research house said IGB REIT recorded core net profit of RM177.
CLMT’s 2Q NPI rises 52% on contribution from newly acquired Queensbay Mall, higher rental income
Earnings per share rose to 1.
CapitaLand Malaysia expects strong consumer spending to support growth momentum for remaining of FY2023
The real estate investment trust (REIT) said it had initially expected last year's strong recovery to taper off this year considering that there were no more special Employees Provident Fund (EPF) withdrawals, and due to a higher cost of living which may dent consumers’ spending power.
KIP REIT buys KIPMall Kota Warisan for RM80m, proposes private placement to raise up to RM10m
The acquisition, which is expected to be completed by the first quarter next year, will expand the KIP REIT’s portfolio to 11 assets.
Pavilion REIT fixes private placement issue price at RM1.22, to raise RM720m
Pavilion REIT said the tranche 1 placement issue price represents a discount of 6.
KSL Esplanade Mall in Klang to open its doors on May 31
The 650,000 sq ft shopping mall will comprise four floors of retail space, a landscaped park, a 10,000 sq ft event space, an outdoor dining terrace, and a kids play area.
Pavilion REIT's 1Q property income rises 11.5% amid increased occupancy, rental income
Pavilion Kuala Lumpur Mall remained the REIT's biggest overall revenue contributor as well as for its mall segment, with gross revenue rising 18.
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Tropicana hosts 600 underprivileged children at Tropicana Gardens Mall
From March 14 to 16, the children had a superb time which involved a walkabout of “The World of DC Exhibition” at the Convention Centre on Level 3A of the Tropicana Gardens Mall followed by a luncheon or early dinner at the Food Court area on Level 3 of the mall.
Capitaland Malaysia gets unitholders’ nod to buy Queensbay Mall for RM990.5m
Unitholders also approved a private placement of up to 1.
Lunar New Year's burst of colours (mainly red) at the malls
KUALA LUMPUR (Jan 26): The official holidays for the Lunar New Year may be over and many folks are back at work, but the festivities continue at home and in the malls as it ain’t really over until Chap Goh Mei rolls in (why mess with tradition when it allows you to have fun for as long as possible).
