News about REIT

KUALA LUMPUR (Oct 29): Filling up office space is not easy for landlords nowadays simply because of oversupply.

IGB Real Estate Investment Trust (Oct 24, RM1.

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.

KUALA LUMPUR (Oct 25): Pavilion Real Estate Investment Trust’s (REIT) net property income fell 3.

KUALA LUMPUR (Oct 24): IGB Real Estate Investment Trust (REIT)’s distributable income for the third quarter ended Sept 30, 2019 (3QFY19) rose 1.

KUALA LUMPUR (Oct 17): KIP Real Estate Investment Trust (KIP REIT)’s net property income jumped 36% to RM13.

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.

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.

For business owners who operate from their own buildings, grappling with the current economic uncertainties have led them to consider ways to earn some cash from their properties.

KUALA LUMPUR (Sept 19): Atrium Real Estate Investment Trust  plans to raise up to RM999 million by establishing a medium-term note (MTN) programme to part-finance the purchase of properties in Penang.