Higher rental income lifts IGB REIT, IGB Commercial REIT’s 3Q net property income
The distribution per unit (DPU) rose to 2.
CapitaLand Malaysia Trust's 3Q NPI up 6.3%, announces higher DPU of 1.07 sen
For the 9MFY2024, the REIT’s NPI rose 24% to RM191.
Pavilion REIT’s 3Q net property income rises 8.6%; distributes 2.38 sen per unit
Quarterly revenue grew 4% to RM207.
KIP REIT's 1Q profit falls 3%, weighed down by higher costs and fees
At end-September, the retail segment contributed about 94% to the REIT’s total revenue while occupancy rates of the seven KIPMalls stood at 90.
AME REIT's proposed acquisition of Johor factories for RM119 mil is fair and reasonable, says independent adviser
The independent adviser noted the RM119.
Sunway REIT completes acquisition of Sunway 163 Mall in Mont’Kiara
Sunway 163 is presently 99% occupied, with over 100 tenants and brands with a diverse range of retail offerings, catering to a catchment encompassing Mont’ Kiara, Hartamas and Segambut.
Maybank IB positive on REIT sector on steady occupancy, asset injections
The REIT sector is expected to deliver core earnings growth of 8.
Malaysian REITs achieve 7% increase year-to-date on Bursa's REIT index, says MRMA
MRMA chair and Axis REIT Managers Bhd chief executive officer Leong Kit May said that M-REIT commercial sub-sectors were bolstered by proactive government policies such as the 30-day visa exemption for China and India visitors.
WCT shares rise on planned REIT spin-off, analysts expect lower debt levels
Shares of WCT have more than doubled so far this year, tracking strong gains in the construction sector, and partly boosted by news of the planned REIT listing in recent months.
WCT Holdings proposes RM2.44 bil disposal of retail properties to a newly established REIT
This is going to be the second REIT to be controlled by billionaire tycoon Tan Sri Desmond Lim Siew Choon, after Pavilion REIT.
