UOA REIT 4Q net rental income falls 11% on tenant rental rebates
KUALA LUMPUR (Jan 21): UOA Real Estate Investment Trust’s (REIT) net rental income for the fourth quarter ended Dec 31, 2020 (4QFY20) fell 10.
Axis REIT says 4Q net income up 8.31%, declares DPU of 2.25 sen
KUALA LUMPUR (Jan 21): Axis Real Estate Investment Trust (REIT) saw its net property income (NPI) for the fourth quarter ended Dec 31, 2020 (4QFY20) rise 8.
KIP REIT's 2QFY21 NPI down 5.7%, declares 1.59 sen DPU
KUALA LUMPUR (Jan 20): KIP Real Estate Investment Trust (REIT), which invests in community-centric retail properties in the country, has reported a 5.
Sentral REIT posts slightly lower NPI in 4Q, to pay 3.65 sen DPU
KUALA LUMPUR (Jan 19): Sentral Real Estate Investment Trust (REIT), formerly known as MRCB-Quill REIT, saw its net property income (NPI) slipped 2.
Why are malls in secondary towns ‘faring better’?
KUALA LUMPUR (Jan 16): Malls in secondary towns are reported to be “faring somewhat better in terms of footfall, tenancy or even overall performance” compared to those in major towns/cities, reported The Edge Malaysia in its latest issue.
YTL-controlled Starhill Global REIT obtains RM1.68b unsecured loan
KUALA LUMPUR (Dec 29): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), announced that the property trust’s trustee HSBC Institutional Trust Services (Singapore) Ltd has entered into a five-year S$550 million (about RM1.
AmInvestment upgrades REIT sector, says worst is over
KUALA LUMPUR (Dec 24): AmInvestment Bank Bhd said today it has upgraded the Malaysia real estate investment trust (REIT) sector to "overweight" from "neutral" as the research firm believes the worst is over for the industry, which has contended with the impact of Covid-19-driven restricted movement policies.
UOA Development subsidiary subscribes for new UOA REIT units worth RM53m
KUALA LUMPUR (Dec 23): Dynasty Portfolio Sdn Bhd — an indirect subsidiary of UOA Development Bhd — has subscribed for new units under UOA Real Estate Investment Trust’s (UOA REIT) private placement for RM52.
REIT deals hit RM2b in 2020, says report
KUALA LUMPUR (Dec 19): The value of transactions linked to real estate investment trusts (REITs) have reached about RM2 billion this year, The Edge Malaysia reported in its latest issue.
KL’s Lot 10 Property owner announces first perpetual bond issuance
KUALA LUMPUR (Dec 10): YTL Corp Bhd-controlled Starhill Global Real Estate Investment Trust (Starhill Global REIT), the assets of which include the Lot 10 Property and Starhill Gallery here, has announced its maiden issuance of perpetual securities or bonds worth S$100 million (about RM304 million) to enhance the financial flexibility of the property trust and diversify its funding sources.
