Axis REIT net property income slips in 2Q, declares 2.05 sen income distribution
The REIT said the realised net income from its operations was RM33.
IGB Commercial REIT reports marginal increase in 2Q property income, plans 1.74 sen distribution per unit
The occupancy rate of the REIT's portfolio of 10 assets — which includes The Gardens' North and South Towers, Menara IGB, G Tower and Menara Tan & Tan — rose to 78.
IGB REIT's 2Q net property income drops 2.76%, declares 2.37 sen DPU
Distributable income dipped 2.
CLMT’s 2Q NPI rises 52% on contribution from newly acquired Queensbay Mall, higher rental income
Earnings per share rose to 1.
CapitaLand Malaysia expects strong consumer spending to support growth momentum for remaining of FY2023
The real estate investment trust (REIT) said it had initially expected last year's strong recovery to taper off this year considering that there were no more special Employees Provident Fund (EPF) withdrawals, and due to a higher cost of living which may dent consumers’ spending power.
Sentral REIT acquires Menara CelcomDigi for RM450m; proposes share placement
Sentral REIT said the acquisition of the building from MRCB’s wholly-owned subsidiary Puncak Wangi Sdn Bhd, will be satisfied with cash raised through a combination of equity and debt funding exercises.
KIP REIT's 4Q net property income up 14%, declares 1.75 sen income distribution
KIP REIT has proposed a final income distribution of 1.
UOA REIT's 2Q net profit drops 7% on higher operating expenses
The REIT announced an interim income distribution of 3.
SunCon receives RM253m refurbishment contract from Sunway REIT
SunCon said the project is expected to contribute positively to the earnings of the group for the financial year ending Dec 31, 2023 onwards.
Sunway REIT deputy CEO Chen Kok Peng assumes role as CEO as part of succession planning
Chen joined Sunway Group as a finance trainee in 2004 and attained his Institute of Chartered Accountants in England and Wales qualification in 2007.
