News about REIT

KUALA LUMPUR (Aug 4): The Malaysian REIT Managers Association (MRMA) has donated RM100,000 worth of 99-Speedmart cash vouchers as part of its corporate social responsibility (CSR) initiative.

KUALA LUMPUR (July 29): KIP Real Estate Investment Trust (KIP REIT)’s net property income for the fourth quarter ended June 30, 2021 rose 13.

KUALA LUMPUR (July 26): IGB Real Estate Investment Trust (IGB REIT) saw its net property income (NPI) rose by 69% to RM63.

KUALA LUMPUR (July 26): The current lacklustre performance of retail real estate investment trusts’ (REITs) share prices offers investors a good opportunity to invest in quality retail REIT assets whose property values have remained largely intact despite the Covid-19 pandemic, AmInvestment Bank said.

KUALA LUMPUR (July 23): UOA Real Estate Investment Trust’s (UOA REIT) rental income rose 98.

KUALA LUMPUR (July 21): Axis Real Estate Investment Trust (REIT) announced a 9.

PETALING JAYA (July 16): Retail mall and theme park associations urged the government to provide “vaccination dividend” to the people who have been vaccinated to enjoy more freedom to move and work.

KUALA LUMPUR (July 15): Berjaya Corp Bhd (BCorp) plans to privatise subsidiary Berjaya Land Bhd (BLand) and sell Berjaya Sports Toto Bhd (BToto) under the diversified group's strategic transformation plan, which includes a proposed hospitality real estate investment trust (REIT).

KUALA LUMPUR (July 8): The co-founder and managing director of KIP Group and KIP REIT Datuk Chew Lak Seong passed away on June 25, 2021.

PETALING JAYA (July 3): There will be a need for bigger — not shrinking — offices, in a post-pandemic environment.