KUALA LUMPUR (April 27): Despite some analysts trimming their earnings forecast for IGB Real Estate Investment Trust (IGB REIT), they still favour the REIT saying that signs of stronger footfall and tenant sales at the group are hints to better quarters ahead.
KUALA LUMPUR (April 26): IGB Real Estate Investment Trust's (IGB REIT) net property income fell 36% to RM43.
KUALA LUMPUR (Oct 13): The reported case of Covid-19 infection of a staff at Mid Valley Megamall and The Garden Mall turned out to be a false positive test.
KUALA LUMPUR (Oct 11): A staff working for the London Sales Cosmetics Sdn Bhd (LSC) that operates the Origani and Élévatione Time Stops in The Gardens Mall (TGM) and Surreal by Élévatione Time Stops in Mid Valley Megamall (MVM) has been found to be Covid-19 positive.
KUALA LUMPUR (July 21): IGB Real Estate Investment Trust (REIT), the owner of the Mid Valley Megamall and The Gardens Mall, has posted a steep decline in revenue and earnings for the second quarter ended June 30, 2020 (2QFY20).
Rented for: RM34,034 (RM7psf) Concluded by: Victor Lim (REN 09135)(019-280 2788) of CBD Properties Sdn Bhd When: December 2019 Noteworthy: ● Leasehold ● Built-up: 4,862 sq ft ● MSC-status Grade A office ● Connected walkway to mall ● Facilities: 24-hour security, centralised air-conditioning, CCTV surveillance in public area, covered parking, and high-speed broadband.
Rented for: RM6,000 Concluded by: Carmen Lee (REN 12639, 012-207 3989) of Reapfield Properties (H.