News about REIT

KUALA LUMPUR (July 23): UOA Real Estate Investment Trust’s (UOA REIT) rental income rose 98.

KUALA LUMPUR (July 21): Axis Real Estate Investment Trust (REIT) announced a 9.

PETALING JAYA (July 16): Retail mall and theme park associations urged the government to provide “vaccination dividend” to the people who have been vaccinated to enjoy more freedom to move and work.

KUALA LUMPUR (July 15): Berjaya Corp Bhd (BCorp) plans to privatise subsidiary Berjaya Land Bhd (BLand) and sell Berjaya Sports Toto Bhd (BToto) under the diversified group's strategic transformation plan, which includes a proposed hospitality real estate investment trust (REIT).

KUALA LUMPUR (July 8): The co-founder and managing director of KIP Group and KIP REIT Datuk Chew Lak Seong passed away on June 25, 2021.

PETALING JAYA (July 3): There will be a need for bigger — not shrinking — offices, in a post-pandemic environment.

KUALA LUMPUR (July 3): IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) has postponed its planned initial public offering (IPO), after extending the closing date for the restricted offering to Aug 20 from July 6.

PETALING JAYA: With the pandemic still raging, the newly-minted chairman of the Malaysian Real Estate Investment Trust (M-REIT) Managers Association (MRMA) Datuk Hisham Othman (pictured) is already hitting the ground running, having taken over the position from immediate past chairman Datuk Jeffrey Ng on June 17.

KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust’s (Sunway REIT) SunREIT Unrated Bond Bhd (SUB) has mandated OCBC Bank (Malaysia) Bhd as the sustainability structuring coordinator of an unrated medium-term notes programme of up to RM10 billion in nominal value.

KUALA LUMPUR (June 21): IHH Healthcare Bhd’s indirect 35.