KIP REIT 4Q net property income rises 13.94%, distributes 2.1 sen per unit
KUALA LUMPUR (July 29): KIP Real Estate Investment Trust (KIP REIT)’s net property income for the fourth quarter ended June 30, 2021 rose 13.
IGB REIT’s 2Q net property income up 69%, declared DPU of 1.35 sen
KUALA LUMPUR (July 26): IGB Real Estate Investment Trust (IGB REIT) saw its net property income (NPI) rose by 69% to RM63.
Vaccination progress to lead recovery in REIT sector, says AmInvestment Bank
KUALA LUMPUR (July 26): The current lacklustre performance of retail real estate investment trusts’ (REITs) share prices offers investors a good opportunity to invest in quality retail REIT assets whose property values have remained largely intact despite the Covid-19 pandemic, AmInvestment Bank said.
UOA REIT 2Q rental income doubles from low base to RM22m
KUALA LUMPUR (July 23): UOA Real Estate Investment Trust’s (UOA REIT) rental income rose 98.
Axis REIT's 2Q income up 9.27%, declares DPU of 2.4 sen
KUALA LUMPUR (July 21): Axis Real Estate Investment Trust (REIT) announced a 9.
Retail mall, theme park associations: Vaccination dividend for those who are inoculated
PETALING JAYA (July 16): Retail mall and theme park associations urged the government to provide “vaccination dividend” to the people who have been vaccinated to enjoy more freedom to move and work.
Berjaya Corp plans to privatise BLand, sell BToto and set up hospitality REIT, says Jalil
KUALA LUMPUR (July 15): Berjaya Corp Bhd (BCorp) plans to privatise subsidiary Berjaya Land Bhd (BLand) and sell Berjaya Sports Toto Bhd (BToto) under the diversified group's strategic transformation plan, which includes a proposed hospitality real estate investment trust (REIT).
KIP Group co-founder Chew Lak Seong passes away at 65
KUALA LUMPUR (July 8): The co-founder and managing director of KIP Group and KIP REIT Datuk Chew Lak Seong passed away on June 25, 2021.
IGB’s Robert Tan: Shrinking offices post-Covid-19 unlikely
PETALING JAYA (July 3): There will be a need for bigger — not shrinking — offices, in a post-pandemic environment.
IGB Commercial REIT delays IPO listing, cuts size of institutional offering
KUALA LUMPUR (July 3): IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) has postponed its planned initial public offering (IPO), after extending the closing date for the restricted offering to Aug 20 from July 6.
