Medini Iskandar Malaysia appoints new MD/CEO
PETALING JAYA (April 11): Medini Iskandar Malaysia Sdn Bhd has appointed Dr James Tee (pictured) as its new managing director and CEO with effect from April 10, 2017 according to a press statement today.
PETALING JAYA (April 11): Medini Iskandar Malaysia Sdn Bhd has appointed Dr James Tee (pictured) as its new managing director and CEO with effect from April 10, 2017 according to a press statement today.
SINGAPORE (April 10): Vibrant Group has confirmed it is currently engaged in discussions in relation to the acquisition of a further stake in the manager of the Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT).
KUALA LUMPUR (April 7): Amanahraya Real Estate Investment Trust (Amanahraya REIT) has redesignated its chief operating officer (COO), Noorbaizura Hermeyney as chief executive officer, effective yesterday.
SINGAPORE (April 5): OCBC is maintaining its “buy” on Keppel DC REIT with S$1.
KUALA LUMPUR (April 5): MRCB-Quill Real Estate Investment Trust (MQ REIT) is aiming to maintain its average 98% occupancy rate in terms of net lettable area this year albeit subdued market sentiment and challenging economic environment.
SINGAPORE (April 4): Ascendas Fund Management, the manager of Ascendas REIT, today announced completion of the REIT’s acquisition of Stage 4, Power Park Estate in Melbourne, Australia, from Goodman Dandenong Trust for a purchase consideration of A$24.
SINGAPORE (April 3): CIMB Research is upgrading its sector outlook on Singapore REITs (S-REITs) from “underweight” to “overweight” on a dovish Fed outlook in addition to a potential sector re-rating ahead of a broader physical recovery in 2018.
KUALA LUMPUR (March 30): CapitaLand Malaysia Mall Trust (CMMT) remains cautious on its outlook for financial year 2017 (FY2017) due to a double whammy of topline and rental reversion pressures.
SHAH ALAM (March 30): Pavilion Real Estate Investment Trust (Pavilion REIT) expects "flattish" rental growth in 2017 for its Pavilion Mall in Kuala Lumpur amid a challenging economic environment.