MRCB sells Menara Shell to MRCB-Quill REIT for RM640m
KUALA LUMPUR (July 1): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) is buying Menara Shell in KL Sentral from Malaysian Resources Corp Bhd (MRCB) for RM640 million.
Sunway REIT buys land from parent for Sunway Carnival mall extension
KUALA LUMPUR (June 20): Sunway Real Estate Investment Trust (REIT) has bought a tract of land measuring 143,225 sq ft (13,306 sq m) adjacent to its Sunway Carnival Shopping Mall in mainland Penang from its parent Sunway Bhd, for RM17.
AmanahRaya REIT buys property in Cyberjaya for RM40m
KUALA LUMPUR (June 16): AmanahRaya Real Estate Investment Trust (REIT) is acquiring a land together with a four-storey office building in Cyberjaya for RM40 million.
WCT looks to asset divestment to pare gearing; to list REIT latest by 2Q2017
KLANG (May 27): WCT Holdings Bhd is looking to sell off some assets to raise more than RM500 million, the proceeds of which it expects to use to reduce its net gearing to 0.
Al-Salam REIT’s 1QFY16 earnings below expectations
Al-Salam Real Estate Investment Trust (May 23, 97.
RAM maintains negative outlook on property sector
KUALA LUMPUR (May 9): RAM Rating Services Bhd has maintained its negative outlook on the Malaysian residential property sector as well as the office and retail sub-segments in Kuala Lumpur and Selangor this year.
Market correction to continue in 2016
CHECK your risk appetite and start investing as this is as good a time as any to invest in real estate be they physical assets, property stocks or real estate investment trusts (REITs).
Pavilion REIT likely to continue its acquisition trail
Pavilion Real Estate Investment Trust (April 29, RM1.
Bulls or bears, it's still a good time to invest in the property market
KUALA LUMPUR (April 30): No matter if times are good or bad, there are always opportunities in the real estate industry, be they physical assets, stocks or REITs, depending on one’s risk appetite, according to industry experts.
