Axis REIT buys warehouses in Pasir Gudang for RM32m
KUALA LUMPUR (Oct 25): Axis Real Estate Investment Trust (REIT) has acquired a warehouse logistics facility built on leasehold land in Pasir Gudang, Johor for RM32 million.
Retail REITs to benefit from reopening of economy
KUALA LUMPUR (Oct 23): With the reopening of most economic activities as Malaysia adopts the living with the virus stance backed by a rapid vaccination programme that has covered close to 95% of the adult population, retail real estate investment trusts (REITs) “may be worth a closer look although much also depends on where their assets are located”, wrote The Edge Malaysia this week.
KIP REIT's 1Q NPI dips 2.3% to RM13.7m, declares 1.55 sen distribution
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust's (REIT) net property income (NPI) fell 2.
Sentral REIT plans to raise up to RM3b via debt programmes for investments, working capital, and to refinance borrowings
KUALA LUMPUR (Oct 16): Sentral REIT (formerly MRCB-Quill REIT) has lodged debt programmes with the Securities Commission, through which it plans to raise up to RM3 billion in combined aggregate value to finance its investment activities and general working capital, as well as to refinance its borrowings.
CLCT eyeing to acquire four logistics assets in China for S$298m
SINGAPORE (Oct 12): The manager of CapitaLand China Trust (CLCT) is planning to acquire four assets in China worth close to S$298 million (RM915 million), reported Business Times Singapore.
Starhill Global REIT stays vigilant and flexible to meet Covid-19 headwinds — Francis Yeoh
KUALA LUMPUR (Sept 24): In view of the uncertainty and fluidity brought by the Covid-19 pandemic, Starhill Global Real Estate Investment Trust (Starhill Global REIT) will continue to stay vigilant and flexible in its approach to preserve balance sheet strength and liquidity to mitigate any potential short term disruption to revenue, said its chairman Tan Sri Francis Yeoh Sock Ping (pictured).
IGB Commercial REIT units slip below IPO price in stock exchange debut
KUALA LUMPUR (Sept 20): IGB Commercial Real Estate Investment Trust's (IGBCR) stock exchange debut saw its unit price slipping below the institutional portion of its initial public offering (IPO) price during the morning trading session today.
Eddie Ong emerges as substantial unitholder in KIP REIT, confirms The Edge report
KUALA LUMPUR (Sept 14): Datuk Eddie Ong Choo Meng (pictured) has emerged as the substantial unitholder in KIP Real Estate Investment Trust (KIP REIT), after acquiring a 9.
WeWork in talks with Prime US REIT over resolution of lease obligation in California office tower
PETALING JAYA (Sept 13): The manager of Prime US REIT is in discussions with WeWork, one of its key tenants, on a resolution of its lease obligation at Tower 1 at Emeryville, California, reported The Edge Singapore today.
KIP REIT sees substantial unitholders pare down units
KUALA LUMPUR (Sept 13): KIP Real Estate Investment Trust (REIT) saw its substantial unitholder Datin Teoh Siew Chin disposing of 20.
