News about REIT

KUALA LUMPUR (May 13): AmInvestment Bank foresees a decline in consumer spending ahead due to higher-than-expected interest rates and inflationary pressures, which will in turn affect the improvement of the real estate investment trust (REIT) sector.

KUALA LUMPUR (May 12): Sentral Real Estate Investment Trust (Sentral REIT)’s net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) dropped by 2.

KUALA LUMPUR (May 11): AME Elite Consortium Bhd said it has secured its shareholders’ approval for the proposed listing of AME Real Estate Investment Trust (REIT) on the Main Market of Bursa Malaysia Securities Bhd, at an extraordinary general meeting held on Wednesday.

KUALA LUMPUR (April 28): Pavilion Real Estate Investment Trust (REIT) said its net property income (NPI) rose 59.

KUALA LUMPUR (April 29): RHB Retail Research said Sunway Real Estate Investment Trust is set to propel northwards, after experiencing a technical breakout above RM1.

KUALA LUMPUR (April 28): IGB Commercial REIT said it posted net property income of RM30.

KUALA LUMPUR (April 21): KIP Real Estate Investment Trust (REIT) net property income (NPI) in the third quarter ended March 31, 2022 (3QFY22) rose 5.

KUALA LUMPUR (April 21): Axis Real Estate Investment Trust’s (AXREIT) net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) jumped 17.

KUALA LUMPUR (April 12): Axis Real Investment Trust (REIT) is acquiring a logistics warehouse facility in Pelabuhan Tanjung Pelepas (PTP) in Johor for RM390 million cash, its largest acquisition to date.

KUALA LUMPUR (April 11): Sunway Real Estate Investment Trust (Sunway REIT) has appointed Tan Sri Amirsham Aziz, a former Minister as well as former Maybank president and chief executive officer, as its new chairman effective Friday (April 8).