IGB REIT sees slight drop in 3Q net property income, to distribute 2.11 sen per unit
KUALA LUMPUR (Oct 26): IGB Real Estate Investment Trust (IGB REIT), the owner of the Mid Valley Megamall and The Gardens Mall, has reported a 2.
Pavilion REIT's 3Q NPI up 56% q-o-q to RM61m on higher revenue
KUALA LUMPUR (Oct 23): Pavilion Real Estate Investment Trust's (REIT) net property income (NPI) for its third quarter ended Sept 30, 2020 (3QFY20) rose by 55.
Pavilion REIT’s outlook seen challenging due to spike in new Covid-19 cases
KUALA LUMPUR (Oct 23): The outlook for Pavilion Real Estate Investment Trust (REIT) has been seen as challenging due to the recent spike in new Covid-19 cases.
Axis-REIT 3Q NPI up 5% on higher overall trust income
KUALA LUMPUR (Oct 22): Axis-REIT’s net property income for the third quarter ended Sept 30, 2020 rose 4.
KIP REIT 1Q NPI up 3.7% on lower property operating expenses
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust (REIT) saw its net property income (NPI) for the first quarter ended Sept 30, 2020 (1QFY21) rise by 3.
Malls to consider new roles to support e-commerce
PETALING JAYA (Oct 13): A change of mindset by shopping mall operators is crucial to ensure the shopping malls remain relevant in the new normal, this includes offering of new services that support e-commerce activities, said Real Estate and Housing Developers’ Association (REHDA) Institute chairman Datuk Jeffrey Ng Tiong Lip (pictured).
20% cut in directors' fees among steps taken by Starhill Global REIT amid Covid-19 headwinds
KUALA LUMPUR (Sept 25): Singapore-listed Starhill Global REIT is exercising financial prudence amid the headwinds arising from the Covid-19 pandemic by delaying non-essential capital expenditure and implementing cost-savings measures.
Sunway REIT turns to more stable segments
KUALA LUMPUR (Sept 5): Sunway REIT has opted to go more into “segments that can give it more consistent revenue and income rather than be overly reliant on its core assets with their cyclical nature”, The Edge Malaysia reported in its latest issue.
MRMA re-elects Datuk Jeffrey Ng as chairman
KUALA LUMPUR (Sept 4): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has re-elected Sunway REIT Management Sdn Bhd chief executive officer (CEO) Datuk Jeffrey Ng as its chairman in the annual general meeting (AGM) held on Aug 25.
Axis REIT to buy Shah Alam warehouse for RM11.87 million
KUALA LUMPUR (Sept 3): Axis Real Estate Investment Trust (Axis REIT) has proposed to acquire a warehouse located in Shah Alam, Selangor, for RM11.
