Axis REIT sitting on ‘gold mine’
KUALA LUMPUR (Oct 10): Axis Real Estate Investment Trust (REIT) chief executive officer Leong Kit May knew that the trust has a “gold mine” waiting to be excavated in its 50-acre (20.
Atrium REIT to acquire Shah Alam land for RM23 mil
KUALA LUMPUR (Oct 4): Atrium Real Estate Investment Trust (REIT) has proposed to acquire a piece of industrial land measuring 1.
Sime Darby's plan to acquire Saizen REIT via RTO may have fallen through
KUALA LUMPUR (Oct 4): Sime Darby Bhd's plan to acquire a majority stake in Saizen Real Estate Investment Trust (Saizen REIT) through a reverse takeover (RTO) appears to have fallen through.
Ahmad Mohd Don replaces Jeffrey Cheah as Sunway REIT chairman
KUALA LUMPUR (Sept 30): Sunway REIT Management Sdn Bhd non-independent non-executive chairman Tan Sri Dr Jeffrey Cheah Fook Ling (pictured) will relinquish his position effective today, as part of efforts to enhance board independence.
Tiong Nam set for 50% warehouse capacity increase in 3 years
Tiong Nam Logistics Holdings Bhd (Sept 23, RM1.
CapitaLand Mall Trust shining again
SINGAPORE (Sept 22): DBS Group Research has upgraded CapitaLand Mall Trust (CMT) to “buy” from “hold”, with a marginally higher target price of S$2.
Singapore data centres seen as an alternative investment
SINGAPORE (Sept 22): The proliferation of mobile devices and cloud-based e-commerce, as well as social media platforms such as WhatsApp, Facebook and Instagram, has led to a surge in demand for data storage space.
Singapore's office REITs could shrug off falling rents
SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.
AmInvest wants to increase exposure to REITs but rates M'sia as underweight
KUALA LUMPUR (Sept 7): AmFunds Management Bhd, or more commonly known as AmInvest, has rated Malaysia's real estate investment trust (REIT) as "underweight", despite seeking to double its investment to RM500 million in that asset class by next March.
Singapore's Grade A office fears unfounded
SINGAPORE (Sept 7): Healthy interest for new office buildings is allaying fears over Grade A office rents crashing and that new office supply will not be absorbed, according to a Monday sector note by DBS Vickers.
