News about REIT

PETALING JAYA (July 9): KIP Real Estate Investment Trust (KIP REIT) has issued a circular to unitholders seeking approval for its proposed RM435 million acquisition of Setapak Central Mall in Kuala Lumpur and a concurrent private placement of up to 220 million new units, ahead of a July 23 unitholders’ meeting.

PETALING JAYA (July 8): Hektar Real Estate Investment Trust (Hektar REIT) has completed the acquisition and lease of a leasehold industrial property in Penang following fulfilment of the conditions precedent and satisfaction of the purchase consideration, according to a Bursa Malaysia filing.

PETALING JAYA (July 8): IGB Commercial Real Estate Investment Trust (IGBCR) has reported a marginal increase in the fair value of its investment properties following a valuation exercise as at June 30, 2026, with its portfolio value rising to RM3.

PETALING JAYA (July 7): KIP Real Estate Investment Trust (KIP REIT) has obtained Bursa Malaysia Securities Bhd’s approval for the listing and quotation of up to 220 million new units under its proposed placement, a funding component for its previously announced RM435 million acquisition of Setapak Central Mall (pictured) in Setapak, Kuala Lumpur.

PETALING JAYA (July 1): AME Elite Consortium Bhd and AME Real Estate Investment Trust (AME REIT) have completed a RM100.

KUALA LUMPUR (June 26): Axis Real Estate Investment Trust’s (KL:AXREIT) latest asset in its shopping cart will be earnings accretive as it comes with a reasonable price tag, analysts said.

PETALING JAYA (June 26): Axis Real Estate Investment Trust (Axis‑REIT) is proposing to acquire a fully occupied distribution centre in Bandar Saujana Putra, Selangor, from courier and logistics player City‑Link Express (M) Sdn Bhd for RM128 million in cash.

KUALA LUMPUR (June 26): Tower Real Estate Investment Trust (KL:TWRREIT) announced on Thursday the appointment of Douglas Richard Fyvie Crichton as the new chief executive officer of the trust's management company, GLM REIT Management Sdn Bhd, with immediate effect.

KUALA LUMPUR (June 24): The spin-off of data centre assets into real estate investment trusts (REITs) and acquisitions by existing players could significantly increase their exposure to the sector over the next few years, said MBSB Research.

PETALING JAYA (June 24): GLM REIT Management Sdn Bhd, the manager of Tower Real Estate Investment Trust (Tower REIT), announced a change in its shareholding following GuocoLand (Malaysia) Bhd’s divestment of a stake in the company.