Tower REIT proposes rights issue to raise up to RM66 mil to repay borrowings, refurbish properties
The rights issue will involve the issuance of up to 280.
CapitaLand Malaysia Trust converts RM693 mil loan from CIMB into a sustainability-linked loan for funding of Penang mall buy
CapitaLand Malaysia said the facility marks its largest loan facility to-date and is linked to the sustainability performance targets of Queensbay Mall.
Sentral REIT completes RM450 mil acquisition of Menara CelcomDigi from MRCB
Sentral REIT had on July 25 struck a deal with MRCB’s wholly-owned unit Puncak Wangi Sdn Bhd to acquire Menara CelcomDigi, a 27-storey office building.
Axis-REIT to acquire shopping mall in Temerloh for RM25.75 mil
The REIT said the acquisition of Temerloh Mall in Taman Damai, from Amal Mewah Development Sdn Bhd, will be funded by its existing bank financing.
Eddie Ong buys into Hektar REIT, says no plan to merge with KIP REIT for now
In a bourse filing on Wednesday, Hektar REIT said Ong acquired 42.
Pavilion REIT cancels MOUs to power Pavilion KL, Intermark and Pavilion Bukit Jalil with renewable energy
The terminations are due to the REIT's unsuccessful bids to the Energy Commission to participate in the CGPP, according to its filing to Bursa Malaysia on Friday.
KLCCP Stapled Group's outlook unlikely dimmed by new TRX mall, inflation, say analysts
Research houses said the group's financial earnings for the quarter came in within their expectations, thanks to all segments of the group, particularly its hotel and management segments, showing strong financial performance for the quarter.
KLCCP Stapled Group’s 3Q net profit up 5%, raises dividend to 8.8 sen
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT) — saw quarterly revenue grow 7.
Al-Aqar REIT’s 3Q net income falls on lower net income from Australia segment
Earnings per unit for the third quarter ended Sept 30, 2023 (3QFY2023) declined to 2.
YTL Corp posts 14-fold increase in 1Q profit to RM521.7 mil
YTL Corp also operates in the hotels segment through YTL Hospitality REIT, where it holds a 55% direct and a 3.
