Atrium REIT 4Q rental income jumps 69%, declares 2.23 sen dividend
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.
REITs stand out against low interest rates
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.
KLCCP Stapled 4Q net profit up 33%, pays 11.6 sen dividend
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.
Pavilion REIT 4Q NPI declines on lower rental income and higher property expenses
KUALA LUMPUR (Jan 24): Pavilion Real Estate Investment Trust (REIT) said its fourth quarter net property income fell 9.
CMMT banks on new anchor tenants to reinvigorate Klang Valley Malls
KUALA LUMPUR (Jan 23): CapitaLand Malaysia Mall Trust (CMMT) is on the hunt for new anchor tenants to inject life into its suburban Klang Valley malls and drive earnings in 2020.
Axis REIT looking to acquire RM140m worth of new assets this year
KUALA LUMPUR (Jan 21): Axis Real Estate Investment Trust (Axis REIT) has identified RM140 million worth of new assets to buy this year, continuing its acquisition spree that lifted its asset under management to over RM3 billion in 2019.
MRCB-Quill REIT 4Q net loss at RM24m, plans 3.37 sen distribution
KUALA LUMPUR (Jan 17): MRCB-Quill REIT's (MQREIT) fourth quarter net loss stood at RM24.
KIP REIT’s net property income rises 41% in 2Q
KUALA LUMPUR (Jan 17): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41% in the second quarter ended Dec 31, 2019 (2QFY2020) to RM14.
YTL Hospitality REIT's FY20-21 earnings to grow 9%, says Affin Hwang
KUALA LUMPUR (Dec 31): Affin Hwang Capital Research forecasts YTL Hospitality Real Estate Investment Trust (YTL REIT) to grow its distributable financial year 2020-2021 earnings (FY20-21E) by 9% year-on-year, driven by higher contributions from Green Leaf Niseko Village, JW Marriott KL and Brisbane Marriott Hotel, and lower financing cost for its Australian dollar borrowings.
TA Securities: Possible privatisation of Tiong Nam in 2020
KUALA LUMPUR (Dec 30): TA Securities Holdings Bhd said today Malaysia's corporate actions in 2020 may include the privatisation of Tiong Nam Logistics Holdings Bhd by major shareholders based on the company's financial position, future cash requirement besides share price and public shareholding spread.
