KLCCP Stapled sees partial recovery in 3Q, pays 7.5 sen dividend
KUALA LUMPUR (Nov 10): KLCCP Stapled Group posted a net profit of RM156.
Tenant drop-out an emerging risk for malls
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.
REITs down in morning trade on emerging risk of tenants dropping out
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.
Robinsons shutdown will affect IGB REIT but only short term, say analysts
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.
IGB REIT sees slight drop in 3Q net property income, to distribute 2.11 sen per unit
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.
Pavilion REIT's 3Q NPI up 56% q-o-q to RM61m on higher revenue
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.
Pavilion REIT’s outlook seen challenging due to spike in new Covid-19 cases
KUALA LUMPUR (Oct 23): The outlook for Pavilion Real Estate Investment Trust (REIT) has been seen as challenging due to the recent spike in new Covid-19 cases.
Axis-REIT 3Q NPI up 5% on higher overall trust income
KUALA LUMPUR (Oct 22): Axis-REIT’s net property income for the third quarter ended Sept 30, 2020 rose 4.
KIP REIT 1Q NPI up 3.7% on lower property operating expenses
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust (REIT) saw its net property income (NPI) for the first quarter ended Sept 30, 2020 (1QFY21) rise by 3.
Malls to consider new roles to support e-commerce
PETALING JAYA (Oct 13): A change of mindset by shopping mall operators is crucial to ensure the shopping malls remain relevant in the new normal, this includes offering of new services that support e-commerce activities, said Real Estate and Housing Developers’ Association (REHDA) Institute chairman Datuk Jeffrey Ng Tiong Lip (pictured).
