Axis-REIT acquires Shah Alam industrial complex for RM38m in related party deal
PETALING JAYA (May 14): Axis Real Estate Investment Trust (Axis-REIT) is acquiring an industrial complex in Seksyen 16, Shah Alam, Selangor for RM38.
PETALING JAYA (May 14): Axis Real Estate Investment Trust (Axis-REIT) is acquiring an industrial complex in Seksyen 16, Shah Alam, Selangor for RM38.
PETALING JAYA (May 14): Sunway Real Estate Investment Trust (Sunway REIT), one of Malaysia's largest diversified REITs with 28 properties valued at RM10.
KUALA LUMPUR (May 12): Paradigm Real Estate Investment Trust (KL:PARADIGM) reported a net property income (NPI) of RM39.
PETALING JAYA (May 12): UOA Development Bhd has confirmed the formal rescission of three sale and purchase agreements (SPAs) involving the proposed RM200 million sale of commercial properties to UOA Real Estate Investment Trust (UOA REIT), after unitholders voted down the deal.
KUALA LUMPUR (May 9): Hektar Real Estate Investment Trust (Hektar REIT) yesterday formally completed the acquisition and lease of two parcels of leasehold land in Alor Gajah, Melaka from KYS College Sdn Bhd, with the final tranche — Lot No 9807 measuring 6.
KUALA LUMPUR (May 8): KJTS Group Bhd (KL:KJTS) said on Friday that it has signed an agreement to let its joint venture take over a contract involving works for eight retail malls.
KUALA LUMPUR (May 8): Pavilion Real Estate Investment Trust (Pavilion REIT) recorded a stronger first quarter ended March 31, 2026 (1Q2026), posting higher distributable income and distribution per unit (DPU) on the back of improved net property income from its core retail assets.
KUALA LUMPUR (May 7): Pavilion Real Estate Investment (REIT) (KL:PAVREIT) launched the Pavilion Loves Sustainability initiative in conjunction with Sustainability Week 2026 on Wednesday (May 6), featuring several retailers at the EcoHub pop up in Pavilion Bukit Bintang and Pavilion Bukit Jalil.
PETALING JAYA (April 30): The retail and office arms of the IGB group both reported stronger first-quarter results, though the scale of their performances diverged sharply — with IGB Real Estate Investment Trust's (IGB REIT) malls posting blockbuster growth on the back of a new acquisition, while IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) delivered a steady, organic improvement across its office portfolio, according to its Bursa Malaysia announcements.
PETALING JAYA (April 29): Axis Real Estate Investment Trust (Axis-REIT) posted a stronger first quarter, with net income rising 8.