Atrium REIT to raise RM85m via private placement, special unit issuance to major unitholder
KUALA LUMPUR (July 12): Atrium Real Estate Investment Trust (REIT) has proposed to raise up to RM85.
RHB Research names Axis REIT and IGB REIT as top picks, positive on sector
KUALA LUMPUR (June 28): RHB Research on Tuesday (June 28) said it is more positive on the Malaysian real estate investment trust (REIT) sector as a defensive play due to "guaranteed" rental income despite the current global inflationary environment.
Sunway REIT acquires industrial property in PJ for RM60m
KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust (Sunway REIT) has acquired a 3.
Pavilion REIT's Philip Ho elected as MRMA chairman
KUALA LUMPUR (June 23): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.
Sunway REIT poised to resume uptrend, says RHB Retail Research
KUALA LUMPUR (June 20): RHB Retail Research said Sunway REIT is poised to resume its uptrend as it rebounded from a recent pullback, surpassing the 21-day average line last Friday – printing a “White Marubozu” bullish candlestick.
Hektar REIT appoints Johari Shukri Jamil as new CEO as Hisham Othman retires
KUALA LUMPUR (June 13): Hektar Real Estate Investment Trust (REIT) chief executive officer (CEO) Datuk Hisham Othman, 60, is retiring from his position and will be succeeded by non-executive director Johari Shukri Jamil.
Axis REIT set to reclaim historical high, says RHB Retail Research
KUALA LUMPUR (June 10): RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.
KLCCP Stapled declares eight sen dividend as 1Q profit strengthens
KUALA LUMPUR (May 25): KLCCP Stapled Group reported a net profit of RM161.
Sunway REIT’s 1Q net property income jumps 77% on strong pick up in business activities
KUALA LUMPUR (May 19): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) for the first quarter ended March 31, 2022 (1QFY22) jumped 77.
Hike in interest rates will weaken consumer spending, affect REIT sector, says AmInvestment
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.
