News about REIT

KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust (Axis REIT) said it is aiming to achieve RM292 million worth of industrial asset acquisitions this year.

KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust's (Axis REIT's) net property income (NPI) for the fourth quarter ended Dec 31, 2017 (4QFY17) slid 1% to RM35.

KUALA LUMPUR (Jan 23): IGB Real Estate Investment Trust's net property income (NPI) rose 4% to RM95.

KUALA LUMPUR (Jan19): MRCB-Quill Real Estate Investment Trust (MQREIT) and MRCB Quill Management Sdn Bhd (MQM) said the current market valuation and fair value loss for investment properties for all MQREIT’s buildings of RM2.

KUALA LUMPUR (Jan 19): MRCB-Quill Real Estate Investment Trust (MQREIT) net profit for the fourth quarter ended Dec 31, 2017 (4QFY17) slumped to RM3.

KUALA LUMPUR (Jan 18): Hong Leong Investment Bank Bhd (Heong Leong IB) said Malaysian real estate investment trusts' (REITs) share prices may face pressure from the imminent rise in the country's overnight policy rate (OPR).

KUALA LUMPUR (Jan 17): The central bank’s widely anticipated increase in key interest rate will have an impact on Pavilion Real Estate Investment Trust’s (Pavilion REIT) borrowing costs, said Pavilion REIT Management Sdn Bhd chief executive officer Philip Ho.

MRCB-Quill REIT (Jan 9, RM1.

  PETALING JAYA (Jan 9): Sunway Real Estate Investment Trust (Sunway REIT) is planning a minimum investment of RM100 million, with the bulk of this sum going towards building the second phase of its Sunway Carnival Shopping Mall in Seberang Jaya, on the mainland of Penang.

KUALA LUMPUR (Jan 8): MRCB-Quill REIT (MQREIT) has announced that Maybank Trustees Bhd — as a trustee for and on behalf of MQREIT — has signed a sale and purchase agreement with Transmark Corporation Sdn Bhd for the disposal of a warehouse-cum-office building for RM28 million cash.