Sentral REIT posts lower 2Q net property income at RM28m, declares 3.4 sen DPU
For the first half ended June 30, 2022, Sentral REIT’s net property income declined to RM58.
KIP REIT appoints co-founder Eric Ong as MD
The REIT, which is in the midst of diversifying its portfolio, recently acquired industrial assets from Choo Meng and Hextar Global Bhd.
Pavilion REIT 2Q NPI jumps 74.5% as economic reopens
KUALA LUMPUR (July 29): Pavilion Real Estate Investment Trust (REIT) net property income (NPI) for the second quarter ended June 30, 2022 (2QFY22) jumped 74.
IGB REIT poised to benefit from retail sector recovery — analysts
REIT’s recovery remains on track this year, with marginal rental support provided to tenants, thanks to the improved retail environment, according to RHB Research.
AME Elite inks underwriting agreement with Hong Leong Investment Bank for REIT’s IPO
Hong Leong Investment Bank is appointed as the principal adviser, sole underwriter and joint bookrunner, together with RHB Investment Bank Bhd.
Wan Azman steps down from the boards of Al-Salam REIT and Al-‘Aqar Healthcare REIT
KUALA LUMPUR (July 18): Al-Salam Real Estate Investment Trust (REIT) and Al-‘Aqar Healthcare REIT's chief executive officer Wan Azman Ismail, 58, has stepped down as executive director in both the listed entities after completing his contract of service.
Of property headwinds and wealth creation
Good times or not, Malaysian real estate value will continue to climb over the long term, albeit some at a stronger rate than others.
Tower REIT introduces customisable office layout in Menara HLX
KUALA LUMPUR (July 12): Tower Real Estate Investment Trust (Tower REIT) on Tuesday (July 12) introduced customisable office layout service in Menara HLX located in Jalan Kia Peng, Kuala Lumpur.
Atrium REIT to raise RM85m via private placement, special unit issuance to major unitholder
KUALA LUMPUR (July 12): Atrium Real Estate Investment Trust (REIT) has proposed to raise up to RM85.
