News about REIT

KUALA LUMPUR (March 9): RHB Research has reiterated its “buy” call for KLCCP Stapled Group (KLCCP Stapled), comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, at RM8.

KUALA LUMPUR (March 2): GuocoLand (Malaysia) Bhd is selling Menara Guoco in Damansara Heights here to Tower Real Estate Investment Trust (Tower REIT) for RM242.

KUALA LUMPUR (Feb 22): It is time for Malaysia “to unwind and reverse the 50-year history” of “housing financialisation”, said Kluang MP Liew Chin Tong.

KUALA LUMPUR (Feb 21): YTL Hospitality Real Estate Investment Trust (YTL REIT) posted a 2.

PETALING JAYA (Feb 15): Axis Real Estate Investment Trust (Axis REIT) Managers Bhd CEO Leong Kit May aims to grow the trust’s portfolio from RM3 billion to RM5 billion within five years, The Edge Malaysia reported today.

KUALA LUMPUR (Feb 13): Sunway Real Estate Investment Trust (REIT)’s net property income (NPI) grew almost 12% to RM116.

KUALA LUMPUR (Feb 12): Elite Commercial Real Estate Investment Trust (REIT), which made its debut on the Singapore Exchange last Thursday as the first UK-focused REIT, has risen by as much as 7.

KUALA LUMPUR (Feb 7): Atrium Real Estate Investment Trust (Atrium REIT) net rental income in the fourth quarter ended Dec 31, 2019 (4QFY19) jumped 69.

KUALA LUMPUR (Feb 3): Real estate investment trusts (REITs) are expected to be sought after, more so after Bank Negara Malaysia’s recent cut in the overnight policy rate (OPR) by 25 basis points which resulted in lower bank deposit rates.

KUALA LUMPUR (Jan 24): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), recorded a 33% rise in fourth quarter net profit to RM244.