Commercial property maintenance — more than meets the eye
Managing and maintaining commercial buildings such as malls and office buildings have its own set of challenges.
Proposed Johor acquisitions expected to be yield-accretive for Axis REIT
Axis Real Estate Investment Trust (June 8, RM1.
UOA REIT to sell Wisma UOA Pantai to CIMB Bank for RM120m
KUALA LUMPUR (June 9): UOA Real Estate Investment Trust (UOA REIT) is disposing of Wisma UOA Pantai at Off Jalan Pantai Baru here to CIMB Bank Bhd for RM120 million cash.
Axis REIT buys industrial properties in Iskandar Johor for RM38.7m
KUALA LUMPUR (June 7): Axis REIT Managers Bhd, the manager of Axis Real Estate Investment Trust, is acquiring two freehold industrial properties in Iskandar Malaysia, Johor for RM38.
WCT says REIT listing may be deferred to 2019
PETALING JAYA (June 6): The planned listing of WCT Holdings Bhd's real estate investment trust (REIT) may be deferred to 2019 pending the outcome of a legal dispute between WCT's indirect wholly-owned subsidiary Gemilang Waras Sdn Bhd and Aeon Co (M) Bhd.
UOA REIT 1Q rental income remains flat at RM14.7m
KUALA LUMPUR (May 22): UOA Real Estate Investment Trust reported a net rental income of RM14.
Hektar REIT pays 2.3 sen DPU, 1Q NPI up 10%
KUALA LUMPUR (May 22): Hektar Real Estate Investment Trust (REIT)’s first quarter net property income (NPI) grew 9.
MQREIT’s office space to remain stable, well-guarded
MRCB-Quill Real Estatement Investment Trust (May 18, RM1.
EPF mulls sale of Axiata Tower in Kuala Lumpur Sentral
PETALING JAYA (May 19): The Employees Provident Fund (EPF) is studying the sale of the Axiata Tower in Kuala Lumpur Sentral, with the Grade A office tower likely to fetch as much as RM530 million, reported The Edge weekly.
MQREIT 1Q NPI falls 7% on lower revenue, higher opex
KUALA LUMPUR (May 17): MRCB-Quill REIT (MQREIT) saw its net property income (NPI) for the first financial quarter ended March 31, 2018 (1QFY18) fell by 7% to RM34.
