News about REIT

KUALA LUMPUR (Nov 20): Axis Real Estate Investment Trust (Axis REIT) is acquiring three properties in Johor in a related-party transaction for RM28.

PETALING JAYA (Nov 14): With Conditional Movement Control Order (CMCO) firmly entrenched over the next few weeks amidst “persistently high” Covid-19 cases, concerns are growing about higher tenant dropout rates, reported The Edge Malaysia in its latest issue.

KUALA LUMPUR (Nov.

KUALA LUMPUR (Nov 11): MRCB-Quill REIT's (MQREIT) third-quarter net property income rose 9% to RM32.

KUALA LUMPUR (Nov 10): KLCCP Stapled Group posted a net profit of RM156.

KUALA LUMPUR: The permanent closure of the remaining two branches of departmental store Robinson in Malaysia has highlighted that the risk of tenant drop-out in retail malls is higher for departmental stores, according to CGS-CIMB Research analyst Sharizan Rosely.

KUALA LUMPUR (Nov 5): Shares in real estate investment trusts (REITs) dropped in the morning trading session on Bursa Malaysia today, following emerging risk of tenants dropping out for retail mall owners.

KUALA LUMPUR (Oct 30): Retailer Robinsons, one of the anchor tenants in The Gardens Mall, is shutting down its operations in Kuala Lumpur and Singapore for good.

KUALA LUMPUR (Oct 26): IGB Real Estate Investment Trust (IGB REIT), the owner of the Mid Valley Megamall and The Gardens Mall, has reported a 2.

KUALA LUMPUR (Oct 23): Pavilion Real Estate Investment Trust's (REIT) net property income (NPI) for its third quarter ended Sept 30, 2020 (3QFY20) rose by 55.