Sunway REIT 3Q NPI slips 9% as Covid-19 hits malls, hotel
KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (REIT) net property income (NPI) slid by 9% to RM103.
AmFIRST REIT 4Q NPI dips 4.3% amid higher property expenses and lower occupancy
KUALA LUMPUR (May 19): AmFIRST Real Estate Investment Trust (AmFIRST REIT) saw its net property income (NPI) for the fourth quarter ended March 31, 2020 (4QFY20) decline by 4.
KLCCP Stapled posts lower 1Q profit on bigger loss in hotel segment, proposes 8.3 sen dividend
KUALA LUMPUR (May 5): KLCCP Stapled Group has reported a 3.
Amanahraya REIT welcomes new CEO after post left vacant for 15 months
KUALA LUMPUR (April 30): Amanahraya Real Estate Investment Trust announced the appointment of Abdul Aziz Abdul Rasheed as its new chief executive officer, effective today.
Consider REITs as alternative in property investment
As work-from-home becomes a new norm, it is expected that demand for physical office spaces will be reduced.
KIP REIT's 3Q property income jumps 42% after acquiring AEON Mall Kinta City, pays 1.52 sen DPU
KUALA LUMPUR (April 24): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41.
IGB REIT says IQ income affected by MCO, sees grim outlook
KUALA LUMPUR (April 23): IGB Real Estate Investment Trust’s net property income (NPI) fell 14.
Logistics property to draw investment interest
PETALING JAYA (April 22): Institutional funds and REIT managers remain positive about investing in the logistics/industrial property sub-sector in Malaysia, according to Knight Frank Malaysia.
YTL Starhill Global REIT requests S&P to withdraw credit rating on RM9b property trust
KUALA LUMPUR (April 22): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), has requested S&P Global Ratings to withdraw its corporate credit rating on the REIT and notes issued under the property trust’s medium-term notes programmes.
Office and industrial REITs unlikely to give free rental during MCO period
KUALA LUMPUR (March 25): Office and industrial real estate investment trusts (REITs) in Malaysia are unlikely to offer free rental or rebates during the Movement Control Order (MCO) period currently in place in the country due to the COVID-19 virus outbreak.
