Axis REIT proposes placement of up to 247.46m new units
KUALA LUMPUR (Oct 29): Axis Real Estate Investment Trust (Axis REIT) proposed to place out up to 247.
Office glut pushes Tower REIT to innovate
KUALA LUMPUR (Oct 29): Facing a prolonged office glut, Tower Real Estate Investment Trust (REIT) chief executive officer Eusoffe Chua said it cannot rest on its laurels.
Hong Leong’s Tower REIT to reinvent co-working space
KUALA LUMPUR (Oct 29): Filling up office space is not easy for landlords nowadays simply because of oversupply.
IGB REIT 3Q earnings, gross DPU within expectations
IGB Real Estate Investment Trust (Oct 24, RM1.
Higher FY20 profit expected for Sunway REIT
Maintain buy with a lower target price (TP) of RM2: Sunway Real Estate Investment Trust’s (REIT) management targets to grow its property value to RM13 billion to RM15 billion by financial year 2025 (FY25), from RM8 billion at end-FY19, and diversify its asset base by increasing the allocation for service and industrial assets.
Pavilion REIT 3Q NPI slips on higher expenses, pays 2.04 sen
KUALA LUMPUR (Oct 25): Pavilion Real Estate Investment Trust’s (REIT) net property income fell 3.
IGB REIT distributable income up 1.3%, declares 2.31 sen distribution
KUALA LUMPUR (Oct 24): IGB Real Estate Investment Trust (REIT)’s distributable income for the third quarter ended Sept 30, 2019 (3QFY19) rose 1.
KIP REIT NPI rises 36%, declares 1.37 sen distribution
KUALA LUMPUR (Oct 17): KIP Real Estate Investment Trust (KIP REIT)’s net property income jumped 36% to RM13.
Axis REIT acquires industrial property in Nilai for RM50m
KUALA LUMPUR (Oct 9): Axis Real Estate Investment Trust is buying a property in the industrial area of Nilai from K-Plastics Industries Sdn Bhd for RM50 million.
CMMT’s Sungei Wang opens new annex block with 85% leasing commitment
KUALA LUMPUR (Oct 1): Newly-refurbished mall Sungei Wang’s new annex block JUMPA @ Sungei Wang has achieved more than 85% in leasing commitment to date.
