AME REIT's IPO public portion oversubscribed by 2.46 times
The IPO exercise entails an offering of 254.
HLIB downgrades Sentral REIT, lowers target price to 91 sen
KUALA LUMPUR (Aug 22): Hong Leong IB (HLIB) Research has downgraded Sentral REIT to “hold” at RM1.
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.
