News about REIT

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.

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.

KUALA LUMPUR (April 26):  IGB Real Estate Investment Trust's (IGB REIT) net property income fell 36% to RM43.

KUALA LUMPUR (April 26): GDEX Bhd aims to be a pure-play last-mile delivery company with regional presence.

KUALA LUMPUR (April 21): Axis Real Estate Investment Trust (Axis REIT) declared an interim distribution per unit (DPU) of 2.

KUALA LUMPUR (April 20): KIP Real Estate Investment Trust's (KIP REIT) net property income (NPI) for the third quarter ended March 31, 2021 fell 5.

KUALA LUMPUR (April 19): Analysts revised down CapitaLand Malaysia Mall Trust’s earnings after its net income for the first quarted ended March 31, 2021 (1QFY21) came in below expectations.

KUALA LUMPUR (April 13): Hong Leong Investment Bank (HLIB) Research has maintained its "neutral" rating of Malaysian real estate investment trusts (REITs) following relaxation of the movement control order (MCO).

KUALA LUMPUR (April 8): Office landlords and real estate investment trusts (REITs) in the Asia-Pacific region are well equipped to cope with changes brought on by the Covid-19 pandemic, said S&P Global Ratings.

KUALA LUMPUR (March 27): A Fair Tenancy Pro Tem Committee in Singapore has urged the city state’s authorities to enact “laws to ensure landlords and [retail] tenants comply with” a code of conduct, the Straits Times (ST) reported today.