News about REIT

  KUALA LUMPUR (April 3): Permodalan Nasional Bhd (PNB) has no plans to list any of its assets in another real estate investment trust (REIT) on Bursa Malaysia, said its president and group chief executive officer Datuk Abdul Rahman Ahmad.

  KUALA LUMPUR (March 22): Sunway Real Estate Investment Trust has proposed to establish a RM10 billion perpetual note programme for the financing of investment activities, refinancing of existing and future borrowings, and working capital.

KUALA LUMPUR (March 19): CapitaLand Commercial Trust, Singapore’s biggest office landlord, is among suitors pursuing a potential acquisition of the Duo office and retail development in the lion city, according to sources with knowledge of the matter.

Sunway Real Estate Investment Trust (March 18, RM1.

KUALA LUMPUR (March 16): Manulife Asset Management Services Bhd (MAMSB) expects the Malaysian real estate investment trust (REIT) market to remain flattish this year, with yields of around 4%-5% due to an oversupply of the instrument in the market.

SUNGAI BULOH (March 11): Property developer KIP Group will add four new shopping malls to its portfolio, bringing the total number to 12 over the next three years.

KUALA LUMPUR (Feb 21): Alpha REIT Managers Sdn Bhd chairman Datuk Stewart Labrooy said real estate investment trust (REIT) of government buildings would do very well, given the good location and quality of these assets.

Sunway Real Estate Investment Trust (Feb 15, RM1.

KUALA LUMPUR (Feb 15): Sunway Real Estate Investment Trust (REIT) announced a net property income (NPI) of RM104.

KUALA LUMPUR (Feb 13):  Atrium Real Estate Investment Trust (REIT) has entered into a put and call option agreement in relation to an RM180 million land deal announced last November.