KUALA LUMPUR (Sept 5): Sunway REIT has opted to go more into “segments that can give it more consistent revenue and income rather than be overly reliant on its core assets with their cyclical nature”, The Edge Malaysia reported in its latest issue.
KUALA LUMPUR (Sept 4): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has re-elected Sunway REIT Management Sdn Bhd chief executive officer (CEO) Datuk Jeffrey Ng as its chairman in the annual general meeting (AGM) held on Aug 25.
KUALA LUMPUR (Sept 3): Axis Real Estate Investment Trust (Axis REIT) has proposed to acquire a warehouse located in Shah Alam, Selangor, for RM11.
KUALA LUMPUR (Aug 14): MRCB-Quill REIT's (MQREIT) net profit for the second quarter ended June 30, 2020 rose 16% to RM19.
KUALA LUMPUR (Aug 13): Analysts have maintained their "neutral" rating of Malaysian real estate investment trusts (M-REITs) following news that the Securities Commission Malaysia (SC) will temporarily increase the gearing limit for M-REITs from 50% to 60%.
KUALA LUMPUR (Aug 12): A gradual recovery is underway in the retail industry, which is signalling Malaysian real estate investment trusts (REITs) in the retail space are set to see light at the end of the tunnel after the pandemic-induced slump.
KUALA LUMPUR (Aug 5): The Singapore Exchange (SGX) yesterday said it is “pioneering Asia’s first international real estate investment trust (REIT) futures” based on indices tracking REITs listed in Singapore, Hong Kong, Malaysia and Thailand, reported The Edge Singapore.
KUALA LUMPUR (Aug 4): The worst is probably over for Sunway Real Estate Investment Trust (Sunway REIT), analysts said today, as they expect the property trust’s earnings to recover in the coming quarters after the group contended with the impact of the Covid-19-driven movement control order (MCO) in Malaysia to curb the outbreak.