Latest asset buy seen to have muted impact on Axis REIT’s earnings
Axis Real Estate Investment Trust (Aug 9, RM1.
Sunway REIT declares 2.15 sen DPU, warns property glut is a challenge
KUALA LUMPUR (Aug 10): Even as it endeavours to maintain a 100% payout of its distributable net income in the next fiscal year, Sunway Real Estate Investment Trust has cautioned of the “fundamentally challenging oversupply situation” brought about by tremendous new supply of retail, hotel, and commercial space in the market, exacerbated by lacklustre foreign direct investments and tourism activities.
Axis REIT acquires RM18.5 mil industrial asset in Negeri Sembilan
KUALA LUMPUR (Aug 9): Axis REIT has paid RM18.
MQReit 2Q net profit up 6.5% to RM23.49m
KUALA LUMPUR (Aug 8): MRCB-Quill REIT (MQReit)'s net profit for the second quarter ended June 30, 2018 rose 6.
Axis REIT’s first-half core net income within expectations
Axis Real Estate Investment Trust (Aug 7, RM1.
AXIS REIT’s NPI rose 15% in 2Q with bigger portfolio size
KUALA LUMPUR (Aug 7): Axis Real Estate Investment Trust’s (Axis REIT) net property income or NPI rose 15% to RM26.
Moody’s: Increased supply of Singapore retail space bigger threat than online shopping
SINGAPORE (July 31): Singapore's retail Reits will face increased supply of space, which is a bigger threat than online shopping over the next 12 to 18 months, the Straits Times (ST) cited a sector report released by Moody's Investors Service on Tuesday (July 31).
Pavilion REIT 2Q NPI up 18%; trust pays 4.34 sen DPU
KUALA LUMPUR (July 27): Pavilion Real Estate Investment Trust’s (REIT) net property income (NPI) rose 18.
CapitaLand 2Q NPI down 10.8% y-o-y to RM53.4m, declares 2 sen DPU
KUALA LUMPUR (July 26): CapitaLand Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Mall Trust (CMMT), announced today that CMMT achieved net property income (NPI) of RM53.
SunCon and Sunway REIT agree to contract revision to RM286m
KUALA LUMPUR (July 21): Sunway Construction Group Bhd (SunCon) and Sunway REIT Management Sdn Bhd have mutually agreed to revise the provisional contract sum of an ongoing project in Penang from RM274 million to RM286 million due to additional scope of works.
