IGB REIT's NPI up 10% while sister company IGB Commercial REIT's NPI jumps 22%
The REIT, whose portfolio includes the Mid Valley Megamall and The Gardens Mall, posted a 6.
Propel Global to acquire land in Pahang for RM14.7 mil for proposed commercial development
The construction firm said its wholly-owned subsidiary Propel Global Development Sdn Bhd has inked agreements with the vendor, Goldhill Deluxe Sdn Bhd, to purchase a 14,442 sq m parcel for RM13.
EcoWorld International declares RM792 mil first interim dividend
Eco World International stated that the declaration of the first interim dividend follows the completion of the reduction of the issued share capital of the company pursuant to Section 117 of the Companies Act 2016 (Capital Reduction Exercise) which had been announced on Aug 3, 2023.
Axteria proposes yet another private placement to fund property development
In the latest private placement exercise, the large bulk of the proceeds raised (RM9.
JLL unveils first GPT model for commercial real estate
The bespoke generative artificial intelligence model created JLL Technologies will be used by the company’s staff around the world to provide “CRE insights to clients in a whole new way”.
IGB Commercial REIT reports marginal increase in 2Q property income, plans 1.74 sen distribution per unit
The occupancy rate of the REIT's portfolio of 10 assets — which includes The Gardens' North and South Towers, Menara IGB, G Tower and Menara Tan & Tan — rose to 78.
DONE DEAL: Commercial land, Persiaran Titiwangsa, Kuala Lumpur
DONE DEAL: Terrace house, Emerald Hills, Kuala Lumpur DONE DEAL: Factory, Klang, Selangor The commercial land is situated nearby Taman Tasik Titiwangsa, Kuala Lumpur and it comes with an array of conveniences and facilities around the area.
IGB shares nearing March-record high following share buyback
According to a filing with Bursa Malaysia, IGB bought back 737,300 shares in March when its share price started its climb to the peak.
Axis REIT posts small rise in 1Q net property income, declares 2.05 sen income distribution
Axis REIT’s manager is optimistic that in view of the satisfactory performance of the REIT’s existing property portfolio and its growth strategy to actively pursue quality investments, it will be able to maintain its current performance for FY2023.
Gamuda Land’s Bay Street commercial shops in Gamuda Cove 90% sold
Bay Street has a total of 47 units comprising two and three-storey retail shops with built-up sizes ranging from 3,300 to 7,557 sq ft with prices ranging from RM2 million to RM3.
