KLCCP Stapled Group’s 1Q net profit falls 17.39% to RM146.13m, dragged by retail and hotel segments

May 04

KUALA LUMPUR (May 4): KLCCP Stapled Group’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 17.

KLCCP Stapled Group appoints Md Shah Mahmood as new CEO

Aug 02

KUALA LUMPUR (April 30): KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd, has appointed Md Shah Mahmood as its new chief executive officer effective May 1, 2021.

IGB shareholders approve listing of commercial REIT, sale of properties to the REIT

Apr 28

KUALA LUMPUR (April 29): IGB Bhd shareholders have approved the proposed listing of IGB Commercial Real Estate Investment Trust (REIT), as well the sale of 10 commercial properties to the new REIT.

Pavilion REIT’s 1Q net property income falls 9.6% to RM59m, dragged by lower occupancy rate

Apr 28

KUALA LUMPUR (April 28): Pavilion Real Estate Investment Trust (Pavilion REIT) said its net property income (NPI) fell 9.

YTL says The Starhill's enhancement expected completion by Dec 2021

Apr 27

KUALA LUMPUR (April 27): The ongoing asset enhancement work for The Starhill retail and hospitality property along Jalan Bukit Bintang here is expected to be completed by December 2021, according to the asset owner’s manager YTL Starhill Global REIT Management Ltd.

Analysts still favour IGB REIT despite lowering earnings forecasts

Apr 27

KUALA LUMPUR (April 27): Despite some analysts trimming their earnings forecast for IGB Real Estate Investment Trust (IGB REIT), they still favour the REIT saying that signs of stronger footfall and tenant sales at the group are hints to better quarters ahead.