Budget 2018 may boost the property market ‘indirectly’
PETALING JAYA (Oct 27): Although Budget 2018 doesn’t have any significant proposals for the property market, some of the proposals may indirectly offer opportunities to boost demand for houses.
Association seeks tax-free dividends for REITs
KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.
Pavilion REIT reports 3.2% drop in net property income
KUALA LUMPUR (Oct 26): Pavilion Real Estate Investment Trust's (Pavilion REIT) net property income (NPI) dropped 3.
REIT Index to spur more diverse offerings in Bursa Malaysia
KUALA LUMPUR (Oct 26): Bursa Malaysia is hopeful that its newly launched Real Estate Investment Trust (REIT) Index will spur the listing of more diverse products in the future, such as alternative REITs and exchange-traded funds (ETFs) among others.
Pahang facility SPA a positive for Axis REIT
Axis Real Estate Investment Trust (Oct 24, RM1.
Axis REIT 3Q NPI flat; trust declares two sen DPU
KUALA LUMPUR (Oct 24): Axis Real Estate Investment Trust (REIT) has announced a net property income (NPI) of RM35.
SunREIT's trustee takes up Sunway's RM60m commercial paper
KUALA LUMPUR (Oct 13): Sunway Real Estate Investment Trust (SunREIT) said its trustee RHB Trustees Bhd has subscribed to its substantial unitholder Sunway Bhd's one-month commercial paper that carries a nominal value of RM60 million.
Raising stake in Sunway South Quay will lead to higher future earnings for Sunway
Sunway Bhd (Oct 11, RM1.
Sunway REIT’s acquisition of Sunway Clio for RM340m is ‘fair’, ‘reasonable’
KUALA LUMPUR (Oct 11): Sunway Real Estate Investment Trust’s (Sunway REIT) proposed acquisition of Sunway Clio Property from Sunway Bhd for RM340 million is fair and reasonable, and not detrimental to the minority shareholders, says independent adviser AmInvestment Bank Bhd.
