KLCCP Stapled posts lower net profit in 3Q; pays seven sen dividend
KUALA LUMPUR (Nov 8): KLCCP Stapled Group’s net profit for the third quarter ended Sept 30, 2021 (3QFY21) declined by 13.
Pavilion REIT 3Q net property income falls 22% on higher operating expenses, lower revenue
KUALA LUMPUR (Oct 28): Pavilion Real Estate Investment Trust's (REIT) net property income (NPI) for the third quarter ended Sept 30, 2021 (3QFY21) fell 22.
IGB REIT big beneficiary of revenge shopping on retail sector recovery — CGS-CIMB
KUALA LUMPUR (Oct 27): CGS-CIMB Securities Sdn Bhd said on Wednesday (Oct 27) that IGB Real Estate Investment Trust (IGB REIT) is a big beneficiary of revenge shopping in the fourth quarter of 2021 on Malaysia's retail sector recovery, helped by progress in the country’s Covid-19 vaccination to curb the spread of the pandemic.
IGB REIT 3Q net property income falls 43% y-o-y; declares DPU of 1.18 sen
KUALA LUMPUR (Oct 26): IGB Real Estate Investment Trust (IGB REIT) saw its net property income (NPI) fall 42.
Axis REIT buys warehouses in Pasir Gudang for RM32m
KUALA LUMPUR (Oct 25): Axis Real Estate Investment Trust (REIT) has acquired a warehouse logistics facility built on leasehold land in Pasir Gudang, Johor for RM32 million.
Retail REITs to benefit from reopening of economy
KUALA LUMPUR (Oct 23): With the reopening of most economic activities as Malaysia adopts the living with the virus stance backed by a rapid vaccination programme that has covered close to 95% of the adult population, retail real estate investment trusts (REITs) “may be worth a closer look although much also depends on where their assets are located”, wrote The Edge Malaysia this week.
KIP REIT's 1Q NPI dips 2.3% to RM13.7m, declares 1.55 sen distribution
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust's (REIT) net property income (NPI) fell 2.
Sentral REIT plans to raise up to RM3b via debt programmes for investments, working capital, and to refinance borrowings
KUALA LUMPUR (Oct 16): Sentral REIT (formerly MRCB-Quill REIT) has lodged debt programmes with the Securities Commission, through which it plans to raise up to RM3 billion in combined aggregate value to finance its investment activities and general working capital, as well as to refinance its borrowings.
CLCT eyeing to acquire four logistics assets in China for S$298m
SINGAPORE (Oct 12): The manager of CapitaLand China Trust (CLCT) is planning to acquire four assets in China worth close to S$298 million (RM915 million), reported Business Times Singapore.
Starhill Global REIT stays vigilant and flexible to meet Covid-19 headwinds — Francis Yeoh
KUALA LUMPUR (Sept 24): In view of the uncertainty and fluidity brought by the Covid-19 pandemic, Starhill Global Real Estate Investment Trust (Starhill Global REIT) will continue to stay vigilant and flexible in its approach to preserve balance sheet strength and liquidity to mitigate any potential short term disruption to revenue, said its chairman Tan Sri Francis Yeoh Sock Ping (pictured).
