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.
Pavilion REIT seen to remain resilient
Pavilion Real Estate Investment Trust (July 18, RM1.
Both IGB REIT assets expected to continue to perform well
GB Real Estate Investment Trust (July 16, RM1.
Mohd Sidek steps down as KLCC Stapled Group chairman
KUALA LUMPUR (July 16): Former Petroliam Nasional Bhd (Petronas) chairman Tan Sri Mohd Sidek Hassan has tendered his resignation as chairman and director of KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT).
Al-Salam REIT targets almost RM1bn acquisitions in next 3 years
PETALING JAYA (July 14): Al-Salam Real Estate Investment Trust (REIT) aims to add almost RM1 billion worth of commercial and industrial properties to its portfolio of properties over the next three years, reported The Edge Malaysia weekly.
