Sunway REIT acquires industrial property in PJ for RM60m
KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust (Sunway REIT) has acquired a 3.
Pavilion REIT's Philip Ho elected as MRMA chairman
KUALA LUMPUR (June 23): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.
Sunway REIT poised to resume uptrend, says RHB Retail Research
KUALA LUMPUR (June 20): RHB Retail Research said Sunway REIT is poised to resume its uptrend as it rebounded from a recent pullback, surpassing the 21-day average line last Friday – printing a “White Marubozu” bullish candlestick.
Hektar REIT appoints Johari Shukri Jamil as new CEO as Hisham Othman retires
KUALA LUMPUR (June 13): Hektar Real Estate Investment Trust (REIT) chief executive officer (CEO) Datuk Hisham Othman, 60, is retiring from his position and will be succeeded by non-executive director Johari Shukri Jamil.
Axis REIT set to reclaim historical high, says RHB Retail Research
KUALA LUMPUR (June 10): RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.
KLCCP Stapled declares eight sen dividend as 1Q profit strengthens
KUALA LUMPUR (May 25): KLCCP Stapled Group reported a net profit of RM161.
Sunway REIT’s 1Q net property income jumps 77% on strong pick up in business activities
KUALA LUMPUR (May 19): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) for the first quarter ended March 31, 2022 (1QFY22) jumped 77.
Hike in interest rates will weaken consumer spending, affect REIT sector, says AmInvestment
KUALA LUMPUR (May 13): AmInvestment Bank foresees a decline in consumer spending ahead due to higher-than-expected interest rates and inflationary pressures, which will in turn affect the improvement of the real estate investment trust (REIT) sector.
Sentral REIT 1Q NPI declines 2.9% to RM30.51m
KUALA LUMPUR (May 12): Sentral Real Estate Investment Trust (Sentral REIT)’s net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) dropped by 2.
AME Elite secures shareholders’ greenlight for AME REIT Main Market listing
KUALA LUMPUR (May 11): AME Elite Consortium Bhd said it has secured its shareholders’ approval for the proposed listing of AME Real Estate Investment Trust (REIT) on the Main Market of Bursa Malaysia Securities Bhd, at an extraordinary general meeting held on Wednesday.
