CapitaLand Malaysia expects occupancy recovery momentum to sustain in 2023 despite challenging macro environment
At the end of 4QFY2022, the REIT’s portfolio occupancy rate stood at 85.
IGB REIT declares 2.46 sen DPU as 4Q NPI climbs amid retail recovery; IGB Commercial REIT pays 1.49 sen as NPI drops
It declared a distribution per unit (DPU) of 2.
Sunway REIT first in Malaysia to introduce Green Lease Partnership Programme
Prominent tenants are The Body Shop, Muji, L’OCCITANE, Starbucks Coffee, Roche (Malaysia), Accenture Technology Solutions, and Sunway Hotels.
KIP REIT 2Q net property income up 5%, proposes 1.45 sen income distribution
The southern region remained as the highest revenue contributor to KIP REIT, with the three malls located in the region reporting a gross revenue of RM9.
AmFIRST REIT's ex-CEO Raja Nazirin now helms Al-`Aqar Healthcare, Al-Salam REITs
Both REITs are managed by Damansara REIT Managers Sdn Bhd, a wholly owned subsidiary of Johor Corporation and supported by KPJ Healthcare Bhd.
Sunway REIT to sell Sunway Medical Centre buildings back to Sunway's healthcare arm for RM430 mil
The proposal comes as the 10-year master lease agreement that commenced on Dec 31, 2012 is set to expire on Dec 30 this year.
EPF passes resolution to terminate, wind up Alpha REIT
The winding-up process will involve the disposal of all assets and properties of Alpha REIT in accordance with the trust deed of Alpha REIT and the Securities Commission Malaysia’s REIT guidelines.
Axis REIT's private placement priced fixed at RM1.75 a unit to raise some RM175m
The company said the issue price represents a discount of approximately 3.
