Hektar REIT sees gain of RM41.6 mil from revaluation of six assets
The total value of the six properties — Subang Parade, Mahkota Parade, Wetex Parade,Central Square, Kulim Central, and Segamat Central — rose to RM1.
The total value of the six properties — Subang Parade, Mahkota Parade, Wetex Parade,Central Square, Kulim Central, and Segamat Central — rose to RM1.
Pavilion REIT said the topline increase was mainly due to higher rental billings, coupled with higher revenue from contract customers of RM16.
Moving forward, KLCCP Stapled expects the healthy economic recovery to continue into 2023, supported by the stability of the office segment and the strong footing of its retail and hospitality segments.
The REIT, whose portfolio consists of Menara HLX, Plaza Zurich and Menara Guoco, declared distribution per unit of 0.
This brings the full FY2022 DPU to 9.
For the full FY2022 ended Dec 31, 2022, Axis REIT logged an NPI of RM245.
At the end of 4QFY2022, the REIT’s portfolio occupancy rate stood at 85.
It declared a distribution per unit (DPU) of 2.
Prominent tenants are The Body Shop, Muji, L’OCCITANE, Starbucks Coffee, Roche (Malaysia), Accenture Technology Solutions, and Sunway Hotels.
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.