News about REIT

PETALING JAYA (June 29): Hektar Real Estate Investment Trust (REIT) said it is in “survival plus recovery” mode for the rest of the financial year ending Dec 31, 2020 (FY20) as the group contends with the impact of Malaysia's movement control order (MCO) to curb the Covid-19 pandemic.

KUALA LUMPUR (June 18): Hong Leong Investment Bank Bhd (HLIB) raised its target price (TP) for MRCB-Quill REIT (MQREIT) units to 79 sen from 71 sen and increased its earnings forecast for the group after the REIT reported first quarter core net profit, which was above estimates.

KUALA LUMPUR (June 17): MRCB-Quill Real Estate Investment Trust's (MQREIT) net property income for the quarter ended March 31, 2020 (1QFY20) climbed 1.

KUALA LUMPUR (June 11): Pavilion Real Estate Investment Trust (Pavilion REIT) registered a 36% fall in net property income to RM65.

KUALA LUMPUR (June 2): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), said it has priced its 5-year S$100 million medium term notes at 3.

KUALA LUMPUR (May 30): The Covid-19 pandemic and its economic fallout may have spooked many companies into putting their business plans on the back burner, but not IGB Bhd, The Edge reported today.

KUALA LUMPUR (May 20): After reporting lower earnings in its third quarter, analysts are expecting Sunway Real Estate Investment Trust's (Sunway REIT) fourth quarter to be weaker as it registers a full quarter’s impact from the Covid-19 outbreak as well as extended Movement Control Order (MCO).

KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (REIT) net property income (NPI) slid by 9% to RM103.

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.

KUALA LUMPUR (May 5): KLCCP Stapled Group has reported a 3.