Pavilion REIT fixes private placement issue price at RM1.22, to raise RM720m
Pavilion REIT said the tranche 1 placement issue price represents a discount of 6.
GuocoLand names Noorbaizura as new MD
Noorbaizura Hermeyney, 43, has 20 years of working experience, which is primarily focused on investment and asset management, including experience in the real estate portfolios for public listed real estate investment trusts and government-linked companies.
Axis REIT provides RM7m impairment as tenant Yongnam defaults on rental
Axis acquired the property in 2014 for RM153.
UOA REIT posts weaker earnings on lower occupancy, higher expenditure
Going forward, UOA REIT said economic conditions remain as the key factor influencing the occupancy and rental rates of its properties.
Sunway REIT’s 1Q NPI rises 16% to RM138m driven by retail segment
Gross revenue for the retail segment was 28.
CapitaLand Malaysia’s 1Q NPI up 9% on better revenue contribution; declares 0.87 sen DPU
Its portfolio occupancy improved to 89.
After regaining firm footing in FY2022, Sunway REIT eyes more positive upside from post-Covid reopening
Sunway REIT chief executive officer Datuk Jeffrey Ng Tiong Lip: “Sunway REIT has recovered well from Covid-19 pandemic.
Sunway REIT eyes overseas properties to grow portfolio
The trust aims to grow its asset value to between RM14 billion and RM15 billion by 2027, from RM9.
