Pavilion REIT sees 13% net property income growth in 1Q
KUALA LUMPUR (April 26): Pavilion Real Estate Investment Trust (Pavilion REIT)’s net property income (NPI) rose 13% to RM89 million in the first quarter ended March 31, 2018, from RM78.
Pavilion REIT growth to moderate in near to medium term
Pavilion Real Estate Investment Trust (April 2, RM1.
MRMA re-elects Jeffrey Ng as chairman
KUALA LUMPUR (March 30): The Malaysian REIT Managers Association (MRMA) has re-elected Datuk Jeffrey Ng as chairman.
DONE DEAL: Swiss Garden Residences, Jalan Galloway, KL
Rented for: RM3,000 per month (RM4 psf per month) Concluded by: Meifen Low (REN 06451) of Huttons OneWorld Realty (012-6530714) When: February 2018 Noteworthy: ● 750 sq ft ● High floor ● 2 bedrooms and 2 bathrooms ● Fully furnished ● Managed by Swiss Garden International Hotel ● Located in Kuala Lumpur’s Golden Triangle, within walking distance to Pavilion, Starhill Gallery and many other malls According to Meifen Low, the negotiator who closed the deal, the owner is an investor from East Malaysia who bought the unit many years ago.
Malaysian REITs down as investors turn cautious
KUALA LUMPUR (March 21): Share prices of Malaysian Real Estate Investment Trusts (REITs) fell this morning amid a positive market breadth, as cautious investors trimmed positions in a rising interest rate environment.
Pavilion REIT expected to see subdued rental reversion growth
Pavilion Real Estate Investment Trust (March 15, RM1.
Full occupancy on reversions seen for Pavilion KL
Pavilion Real Estate Investment Trust (Jan 26, RM1.
Pavilion REIT achieves 16% growth on 4Q net property income
KUALA LUMPUR (Jan 25): Pavilion Real Estate Investment Trust’s (Pavilion REIT) net property income (NPI) grew 16% to RM89.
Pavilion REIT warns of OPR hike effect
KUALA LUMPUR (Jan 17): The central bank’s widely anticipated increase in key interest rate will have an impact on Pavilion Real Estate Investment Trust’s (Pavilion REIT) borrowing costs, said Pavilion REIT Management Sdn Bhd chief executive officer Philip Ho.
Malaysia's first Banyan Tree resort to open in June
KUALA LUMPUR (Jan 15): Banyan Tree Hotels & Resorts will open Malaysia's first Banyan Tree resort in June in Kuala Lumpur's Golden Triangle, offering a modern city sanctuary with signature local experiences.
