IGB Commercial REIT buys two office floors in Menara Southpoint from IGB for RM62.4 mil cash
The property comprises two office-suite parcels within Menara Southpoint in Mid Valley City, Kuala Lumpur.
Al-Aqar REIT announces 1.9 sen DPU despite 11% drop in 3Q net income
Net rental income for the quarter declined 6.
Damansara REIT Managers appoints Zulhilmy Kamaruddin as its new CEO
He succeeds Raja Nazirin Shah Raja Mohamad, whose tenure concludes with the expiry of his contract.
KIP REIT acquires 1.15-acre retail asset in Gerik for RM14.8m
The new asset features a single-storey hypermarket, basement car park and office space.
CapitaLand Malaysia Trust names Yong Su-Lin as CEO-designate from Jan 2
According to CapitaLand Malaysia Trust, Yong has more than 28 years of experience in banking including project financing, consultancy and real estate industry including fund management for real estate.
Sentral REIT's 3Q net property income rises 25% as Menara CelcomDigi boosts revenue
Net property income for 3QFY2024 was RM37.
Axis REIT successfully raises RM449.7m via private placement
In view of the upcoming enlarged unit capital from this placement, Axis REIT had declared on Tuesday an advance fourth interim distribution of 1.
After 22% rally this year, analysts downgrade IGB REIT to ‘hold’
IGB REIT’s valuation appears stretched after this year’s rally, AmInvest said, at just under two times net asset value compared with peers like Sunway REIT and Pavilion REIT at slightly over one time NAV.
Axis REIT's 3Q net property income rises 12%, declares 2.35 sen DPU
For the first nine months of FY2024 (9MFY2024), the REIT posted an 11.
Higher rental income lifts IGB REIT, IGB Commercial REIT’s 3Q net property income
The distribution per unit (DPU) rose to 2.
