MRMA re-elects Datuk Jeffrey Ng as chairman

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.

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REITs: Raising gearing limit 'seen as timely'

KUALA LUMPUR (Aug 15): The temporary increase of the gearing limit for real estate investment trusts (REITs) by the Securities Commission Malaysia (SC) “is seen as timely for the sector”, The Edge Malaysia reported recently.

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Malaysian retail REITs to see light at end of tunnel

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.

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SGX set to launch Asia’s first REIT futures

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.

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Worst probably over for Sunway REIT as analysts see earnings recovery

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.

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