Prasarana eyes potential REIT spin-off

KUALA LUMPUR (April 1): Prasarana Malaysia Bhd, which targets to turn profitable in the second half of next year, said it is looking at spinning off some of its assets into a real estate investment trust (REIT) and pare down its debt.

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Grabbing opportunities to grow

AXIS REIT Managers Bhd’s newly appointed CEO, Leong Kit May, enters the meeting room at the company headquarters in Menara Axis, Petaling Jaya, with a bright smile.

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Seeking opportunity in adversity

KUALA LUMPUR (March 4): Property investors who have the guts to take the plunge during a challenging period such as this stand to gain huge capital gains from their investments, said Malaysian Institute of Estate Agents (MIEA) immediate past president Siva Shanker (pictured, right).

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