Asean REITs shine in the digital economy
SINGAPORE (Sept 6): CIMB Research is maintaining its "overweight" call on Asean REITs which have outperformed year-to-date as investors seek shelter in yield.
Retailers see a pickup in business on Pokémon Go
WHEN KK Group saw sales at many of its 24-hour KK Super Mart convenience stores and KK Kopitiam surge last weekend, it could not immediately put a finger on what was going on.
Sunway REIT among top beneficiaries of Pokémon GO, says UOB Kay Hian
KUALA LUMPUR (Aug 16): As a result of the release of the Pokémon GO in Malaysia, retail real estate investment trusts (REITs) are expected to remain market outperformers, with Sunway REIT seen as providing the best upside, according to UOB Kay Hian research.
Pavilion Elite targets to open in November
KUALA LUMPUR (Aug 5): Pavilion Elite, an extension to Pavilion Mall Kuala Lumpur, is expected to open its doors to shoppers in November.
Genting, Pavilion in US$6 bil Vietnam project
KUALA LUMPUR (Aug 4): Malaysia's Genting Group and Pavilion Group are partnering with Vietnam-based property developer Van Thinh Phat Group Corp to develop the US$6 billion (about RM24 billion) Saigon Peninsula mixed project in Ho Chi Minh City, Vietnam.
Pavilion REIT’s earnings expected to pick up in 2HFY16
Pavilion Real Estate Investment Trust (July 29, RM1.
DaMen, Intermark lift PavREIT’s 2Q NPI up 13%
KUALA LUMPUR (July 29): Rental income from DaMen Mall and Intermark Mall, which Pavilion Real Estate Investment Trust (PavREIT) acquired at end-March, lifted the trust’s net property income (NPI) for the second quarter ended June 30, 2016 (2QFY16), by 13.
CMMT’s share price and earnings soar even as competition intensifies
KUALA LUMPUR (July 20): CapitaLand Malaysia Mall Trust (CMMT) share price hit a one-year high of RM1.