Pavilion REIT unitholders greenlight RM2.2 bil Pavilion Bukit Jalil mall acquisition
According to a bourse filing, the REIT said the resolution was duly passed at its extraordinary general meeting (EGM) on Wednesday (March 22) after 134 unitholders who collectively hold 539.
Malaysian REITs remain a safe haven amid market volatility, says MIDF Research
The performance of retail REITs is expected to remain steady, particularly for REITs with malls in good locations, such as IGB REIT, Sunway REIT, Pavilion REIT and KLCCP Stapled Group.
HLIB says Sunway REIT acquisition of Giant hypermarkets from EPF a positive
In a note on Friday (March 17), the research house said it was “mildly positive” with Sunway REIT’s proposal to acquire six Giant hypermarkets/retail complex from the Employees Provident Fund (EPF) for a total cash consideration of RM520 million.
Sunway REIT announces acquisition of properties from EPF worth RM520m
The properties to be acquired by Sunway REIT are six strategically located hypermarkets/retail complexes in the Klang Valley and Johor.
Sunway REIT confirms in talks to buy retail assets from EPF, to ink agreement 'as soon as possible'
The latest filing came after the REIT suspended the trading of its units for an hour on Monday morning, from 9am to 10am.
AME REIT seeks to explore more acquisition opportunities
“AME REIT would have remaining financing headroom of more than RM430 million to explore future acquisitions, be they from AME Elite or from third-party sources within and beyond Johor, to sustain our momentum.
Hektar REIT sees gain of RM41.6 mil from revaluation of six assets
The total value of the six properties — Subang Parade, Mahkota Parade, Wetex Parade,Central Square, Kulim Central, and Segamat Central — rose to RM1.
Pavilion REIT sees 17% rise in 4Q net property income, pays 2.21 sen DPU
Pavilion REIT said the topline increase was mainly due to higher rental billings, coupled with higher revenue from contract customers of RM16.
