Keppel Reit buys Grade A office building in Sydney for RM991m
SINGAPORE (Nov 30): Keppel Reit has entered into an agreement to purchase and develop a Grade A freehold office building in Sydney, Australia for A$327.
AME to list RM557m of industrial assets under REIT
KUALA LUMPUR (Nov 26): AME Elite Consortium Bhd is planning to list RM557 million worth of industrial and industrial-related real estate assets via its upcoming real estate investment trust, AME REIT.
UOA REIT's 3Q net rental income almost doubles to RM23.6m
KUALA LUMPUR (Nov 19): UOA Real Estate Investment Trust's net rental income almost doubled to RM23.
KLCCP Stapled posts lower net profit in 3Q; pays seven sen dividend
KUALA LUMPUR (Nov 8): KLCCP Stapled Group’s net profit for the third quarter ended Sept 30, 2021 (3QFY21) declined by 13.
Pavilion REIT 3Q net property income falls 22% on higher operating expenses, lower revenue
KUALA LUMPUR (Oct 28): Pavilion Real Estate Investment Trust's (REIT) net property income (NPI) for the third quarter ended Sept 30, 2021 (3QFY21) fell 22.
IGB REIT big beneficiary of revenge shopping on retail sector recovery — CGS-CIMB
KUALA LUMPUR (Oct 27): CGS-CIMB Securities Sdn Bhd said on Wednesday (Oct 27) that IGB Real Estate Investment Trust (IGB REIT) is a big beneficiary of revenge shopping in the fourth quarter of 2021 on Malaysia's retail sector recovery, helped by progress in the country’s Covid-19 vaccination to curb the spread of the pandemic.
IGB REIT 3Q net property income falls 43% y-o-y; declares DPU of 1.18 sen
KUALA LUMPUR (Oct 26): IGB Real Estate Investment Trust (IGB REIT) saw its net property income (NPI) fall 42.
Axis REIT buys warehouses in Pasir Gudang for RM32m
KUALA LUMPUR (Oct 25): Axis Real Estate Investment Trust (REIT) has acquired a warehouse logistics facility built on leasehold land in Pasir Gudang, Johor for RM32 million.
Retail REITs to benefit from reopening of economy
KUALA LUMPUR (Oct 23): With the reopening of most economic activities as Malaysia adopts the living with the virus stance backed by a rapid vaccination programme that has covered close to 95% of the adult population, retail real estate investment trusts (REITs) “may be worth a closer look although much also depends on where their assets are located”, wrote The Edge Malaysia this week.
KIP REIT's 1Q NPI dips 2.3% to RM13.7m, declares 1.55 sen distribution
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust's (REIT) net property income (NPI) fell 2.
