News about REIT

KUALA LUMPUR (Dec 28): Atrium Real Estate Investment Trust (Atrium REIT) has acquired a factory building in Shah Alam from Permodalan Nasional Bhd (PNB) for RM45 million cash.

KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.

KUALA LUMPUR (Dec 10): Qatar Investment Authority (QIA) has sold 74 million units in Pavilion Real Estate Investment Trust (REIT) for RM125.

KUALA LUMPUR (Dec 9): Axis Real Estate Investment Trust (REIT) is in talks with several parties on buying more assets, a clear indication that it does not intend to slow down in its acquisition spree.

KUALA LUMPUR (Nov 27): YTL Hospitality Real Estate Investment Trust’s (YTL REIT) net property income (NPI) grew 11.

KUALA LUMPUR (Nov 25): MRCB-Quill REIT's (MQREIT) net profit for the third quarter ended Sept 30, 2019, fell 14.

  KUALA LUMPUR (Nov 25): IGB Bhd’s announcement that it is going to spin-off its commercial properties into a real estate investment trust (REIT) is a pleasant surprise and marks a step closer to realise the group’s fair value, analysts say.

KUALA LUMPUR (Nov 5): Sunway Real Estate Investment Trust's (REIT) net property income (NPI) grew 7.

KUALA LUMPUR (Nov 1): Axis Real Estate Investment Trust has fixed the issue price for the placement of 160.

KUALA LUMPUR (Oct 29): Axis Real Estate Investment Trust (Axis REIT) proposed to place out up to 247.