Analysts remain sanguine on IGB REIT’s prospects going forward
IGB REIT said revenue for 1QFY2024 rose 5.
IGB REIT, IGB Commercial REIT post higher 1Q NPI on increase in rental income
Looking ahead, IGB REIT expects the retail sector to record a 3.
S P Setia to continue cutting debt, preparing for potential REIT
Strategic priorities include divesting non-core assets, refinancing borrowings and generating more cash flow to service debt, S P Setia said in its annual report released on Wednesday.
SC extends REITs' annual report timeline to four months
Despite the extended timeline, unitholders of listed REITs will still receive financial information within two months after the REITs' financial year end through quarterly announcements on Bursa.
Axis REIT to acquire Klang industrial complex from Amsteel Mills for RM49m
Following the acquisition, AMSB will lease the property back from Axis REIT for six years, with a starting monthly rental of RM285,833.
Hektar REIT announces first issuance under RM500m MTN programme
Hektar MTN Satu is a special purpose entity incorporated to raise financing on behalf of Hektar REIT.
YTL Hospitality REIT’s acquisition of Syeun Hotel to boost NPI by 1% — AmInvestment
In a note on Thursday, the research house maintained its "buy" call on the REIT following its acquisition, with a higher fair value (FV) of RM1.
YTL Hospitality REIT acquires Syeun Hotel in Ipoh for RM55m cash
YTL REIT boasts a total of 10 hotel properties in Malaysia, including hotel chains such as JW Marriott Hotel Kuala Lumpur, The Majestic Hotel Kuala Lumpur and The Ritz Carlton Hotel Kuala Lumpur.
YNH says ALX Asset can’t raise enough fund to buy 163 Retail Park
“There are no liquidated damages or penalties that the company needs to compensate [concerning the SPA with ALX Asset].
AME REIT says 3Q net income up 19%, declares distribution of 1.88 sen per unit
With the additional rental from the three newly-acquired industrial properties, the industrial REIT’s net property income (NPI) grew 14.
