Pavilion REIT’s NPI rises to RM75.6 mil in 1Q

Apr 29

KUALA LUMPUR (April 29): Pavilion Real Estate Investment Trust’s (REIT) net property income (NPI) for the first quarter ended March 31, 2016 (1QFY16) stood at RM75.

REITs coming back into vogue

Apr 14

INVESTORS are showing interest in real estate investment trusts (REITs) again, judging by the recent increase in their market capitalisation.

Investor appetite to remain strong for REITs

Apr 11

Malaysian real estate investment trust (M-REIT) sector Maintain overweight: We currently maintain “overweight” on the sector and continue to prefer retail M-REITs (Pavilion REIT and IGB REIT) over non-retail or diversified M-REITs.

Pavilion REIT still has appetite for more buys

Apr 06

SHAH ALAM (April 6): Fresh from completing two major asset purchases recently for RM646.

Doors still open for the application of selected commercial developments in KL

Mar 30

KUALA LUMPUR (March 30): Although Kuala Lumpur City Hall (DBKL) has restricted approvals to develop new hotels, luxury apartments and office developments, the authorities will still allow applications for selected mixed commercial developments, said Federal Territories Minister Tengku Adnan Tengku Mansor.

Royale Pavilion Hotel to be unveiled in 2Q2017

Mar 30

KUALA LUMPUR (March 30): Construction of the Royale Pavilion Hotel Kuala Lumpur has progressed to 80%, with its opening set for the second quarter of next year, according to developer Harmoni Perkasa Sdn Bhd (HPSB) director Datuk Lee Tuck Fook.

Malton to launch final block of Bukit Jalil City condos in September

Mar 02

KUALA LUMPUR (March 1): Malton Bhd plans to launch the third and final phase of its freehold serviced apartments at Bukit Jalil City development here in September, said a spokesperson for the developer.