Analysts maintain 'buy' on IGB REIT after 9M net income met expectations
The earnings growth was mainly supported by higher tenant sales and positive rental reversion due to high shopper footfall at the Mid Valley Megamall and The Gardens Mall, they said.
IGB REIT's NPI up 10% while sister company IGB Commercial REIT's NPI jumps 22%
The REIT, whose portfolio includes the Mid Valley Megamall and The Gardens Mall, posted a 6.
Acquisition of Menara CelcomDigi for RM450m is fair and reasonable, says independent adviser
PIVB recommended to non-interested shareholders of MRCB to vote in favour of the resolution pertaining to the proposed acquisition at the extraordinary general meeting on Oct 24.
KIP REIT unitholders greenlight RM80 mil KIPMall Kota Warisan acquisition
KIPMall Kota Warisan houses a one-and-a-half-storey retail centre, with a net lettable area of approximately 17,300 sq m on a freehold land in Dengkil, Sepang in Selangor.
RHB Research upbeat on industrial REITs despite slower transactions
In a sectoral update on Wednesday, the research house said it believes that industrial assets should record healthy rental reversions each year, with low risk of non-renewals.
Hektar REIT to install 13 EV charging stations across six malls
The installation initiative stems from a collaboration between Hektar Asset Management Sdn Bhd, manager of Hektar REIT, and GMA Resources.
Rehda chairman Datuk Ng Tiong Lip appointed as Capitaland’s non-executive director
The former chief executive officer of Sunway Real Estate Trust (REIT), who retired last June 30 after reaching the age of 66, was also an adviser of the Malaysian REIT Managers Association.
Kenanga stays ‘neutral’ on REIT sector as inflationary pressure, targeted fuel subsidies may drag prospects
The research firm in a note on Thursday said that although office spaces are becoming more relevant, overall occupancy levels may remain thin, as the incremental supply of new office spaces could outweigh the modestly rising take-up, further dampening the sector’s outlook.
YTL REIT proposes rental revisions, refurbishment of AC Hotel chain
In a Bursa Malaysia filing on Tuesday, YTL REIT said the lessees of its AC hotel chain are agreeable to the increase in annual rental for all three hotels amounting to a collective RM2.
