Sunway REIT 3Q NPI drops 35% to RM67m, dragged by retail and hotel segments
KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) for the quarter ended March 31, 2021 (3QFY21) fell 35.
IGB Commercial REIT special-purpose entity issues first tranche of RM5b bonds
KUALA LUMPUR (May 19): IGB Commercial REIT Capital Sdn Bhd, a special-purpose entity incorporated by IGB Commercial REIT, has issued the first tranche of RM850 million bonds under its RM5 billion medium-term note (MTN) programme.
Govt should include industry players in improvement of HIDE system — Malaysian REIT Managers Association
KUALA LUMPUR (May 11): Malaysian REIT Managers Association (MRMA) has urged the government to include various industry players in the improvement of the Hotspot Identification for Dynamic Engagement (HIDE), according to its chairman Datuk Jeffrey Ng.
Stricter movement controls to drag recovery plays, says CGS-CIMB
KUALA LUMPUR (May 6): Rising Covid-19 cases, the reimplementation of the movement control order or MCO 3.
Sentral REIT 1Q net property income down 4% on-year; up in quarterly terms
KUALA LUMPUR (May 6): Sentral REIT, formerly known as MRCB-Quill REIT, said today first quarter net property income (NPI) fell 4.
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KLCCP Stapled Group’s 1Q net profit falls 17.39% to RM146.13m, dragged by retail and hotel segments
KUALA LUMPUR (May 4): KLCCP Stapled Group’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 17.
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KLCCP Stapled Group appoints Md Shah Mahmood as new CEO
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
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
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
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.
