Axis REIT's latest acquisition to boost earnings, is yield accretive — analysts
On Monday, Axis REIT announced that it is buying the industrial complex and open storage yard from Amsteel, a unit of Lion Industries Corp Bhd.
AmFirst REIT 4Q net property income falls 7.8%, to distribute 1.18 sen per unit
Net property income for the fourth quarter ended March 31, 2024 (4QFY2024) fell to RM14.
AmanahRaya REIT aims to raise occupancy rate to 90% by end-2025
AmanahRaya REIT has previously announced a decision to fully divest from the hospitality sector as part of ongoing initiatives to optimise its portfolio by acquiring high-yielding assets and divesting non-core assets.
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.
