Axis REIT buys Shah Alam warehouse for RM95m

Aug 27

KUALA LUMPUR (Aug 27): Axis Real Estate Investment Trust’s (Axis REIT) trustee, RHB Trustee Bhd, is acquiring a property located in Seksyen 15, Shah Alam, from Axis Development Sdn Bhd for RM95 million.

REITs: Raising gearing limit 'seen as timely'

Aug 15

KUALA LUMPUR (Aug 15): The temporary increase of the gearing limit for real estate investment trusts (REITs) by the Securities Commission Malaysia (SC) “is seen as timely for the sector”, The Edge Malaysia reported recently.

MRCB-Quill REIT 2Q net profit up 16% to RM19.08m, declares 3.43 sen DPU

Aug 14

KUALA LUMPUR (Aug 14): MRCB-Quill REIT's (MQREIT) net profit for the second quarter ended June 30, 2020 rose 16% to RM19.

Analysts stay neutral on M-REITs after gearing limit temporarily raised to 60%

Aug 13

KUALA LUMPUR (Aug 13): Analysts have maintained their "neutral" rating of Malaysian real estate investment trusts (M-REITs) following news that the Securities Commission Malaysia (SC) will temporarily increase the gearing limit for M-REITs from 50% to 60%.

Malaysian retail REITs to see light at end of tunnel

Aug 12

KUALA LUMPUR (Aug 12): A gradual recovery is underway in the retail industry, which is signalling Malaysian real estate investment trusts (REITs) in the retail space are set to see light at the end of the tunnel after the pandemic-induced slump.

SGX set to launch Asia’s first REIT futures

Aug 05

KUALA LUMPUR (Aug 5): The Singapore Exchange (SGX) yesterday said it is “pioneering Asia’s first international real estate investment trust (REIT) futures” based on indices tracking REITs listed in Singapore, Hong Kong, Malaysia and Thailand, reported The Edge Singapore.

Worst probably over for Sunway REIT as analysts see earnings recovery

Aug 04

KUALA LUMPUR (Aug 4): The worst is probably over for Sunway Real Estate Investment Trust (Sunway REIT), analysts said today, as they expect the property trust’s earnings to recover in the coming quarters after the group contended with the impact of the Covid-19-driven movement control order (MCO) in Malaysia to curb the outbreak.