KLCC Stapled Group inks JV for first TOD

KUALA LUMPUR (April 12): KLCCP Stapled Group (KLCCP), which comprises KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), said KLCC Holdings Sdn Bhd — its parent company — had formed a joint venture with a third party to develop its first transport oriented development (TOD).

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Amanah Harta on the lookout to acquire assets

KUALA LUMPUR (April 2): Real estate investment trust (REIT) Amanah Harta Tanah PNB (AHP), which is managed by Pelaburan Hartanah Nasional Bhd, is looking for suitable assets to grow its portfolio mix despite the current unexcited property market.

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See Hoy Chan plans to inject assets into REIT?

  PETALING JAYA (March 31): Property developer See Hoy Chan Sdn Bhd — which owns and manages offices, shopoffices and Starling Mall at its flagship Damansara Uptown — may plan to set up a real estate investment trust (REIT), reported The Edge weekly.

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REITs’ unusual sell-off fever

KUALA LUMPUR (March 22): Half of the 18 locally listed real estate investment trusts (REITs) saw a drop in their share price yesterday, raising average dividend yields again by another 0.

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