Axis REIT to see sustained earnings in 2H, says HLIB
In a note on Wednesday, the research house said the results were within house and consensus full-year estimates at 48%.
Axis REIT's NPI up 12.9%, declares 2.25 sen income distribution
Revenue for the quarter ended June 30, 2024, rose 11.
AmanahRaya REIT signs Alfa International College as new tenant for Subang Jaya property
The property, located within Subang Jaya in USJ1, boasts a 12-storey purpose-built building fitted for educational purposes, held under a freehold tenure.
Analysts say Pavilion REIT's earnings may pick up in 2H, keep 'buy' calls
Net profit for the January-June period of RM150 million accounted for 44% of the consensus full-year estimate, though analysts expect earnings to catch up with forecasts on the back of higher tourist arrivals, year-end shopping season, and improved occupancy rates.
Pavilion REIT’s 2Q NPI up 18.8%, distributes 4.53 sen per unit
Pavilion REIT, whose share price has risen 14.
REITs not great alternative to cash, says Kenanga
The retail REIT sector is facing challenges from the recent increase in the sales and service tax (SST) to 8%, weak consumer spending, sustained elevated inflation, and fuel subsidy rationalisation.
Analysts keep 'neutral' call on WCT, cite REIT plan to unlock asset value
Notably, WCT recently secured an external job consisting of a RM249.
WCT to establish REIT comprising retail properties, list it on Main Market
This will allow the group to unlock the value of its investments in the properties, the construction and property group said in a bourse filing.
PHBAM aims to scale AHB fund to RM20 bil by 2030
PHBAM, the wholly-owned subsidiary of Pelaburan Hartanah Bhd (PHB), is replacing Maybank Asset Management Sdn Bhd (MAM) as the manager for AHB fund.
YNH Property extends conditional period for RM215 mil sale of 163 Retail Park to Sunway REIT till Sept 26
YNH Property in January announced its plan to sell the seven-storey retail shopping centre to Sunway REIT for RM215 million in cash.
