Sunway REIT sells university campus to Sunway College for RM613m, proceeds to be reinvested
Sunway REIT said the sale is part of Sunway REIT’s strategy to recycle assets.
Atrium REIT’s 1Q net income dips; declares 2.1 sen income distribution
Gross revenue was 9.
KLCCP Stapled Group to be selective in new asset acquisitions amid market uncertainty
At present, the company is focusing on asset rejuvenation — including upgrading and refurbishing its properties — in an effort to attract more tenants.
IGB REITs bring former CFO Chai Lai Sim out of retirement as new CEO
Chai, 64, will be appointed chief executive officer of IGB REIT and IGB Commercial REIT effective May 2, 2025.
Axis REIT 1Q income jumps on new acquisitions, tenancies and rental rates
Quarterly earnings per unit rose to 2.
IGB REITs report higher 1Q earnings but warn of challenges ahead
The two REITs, which run malls and office buildings, said economic uncertainty and possible fuel subsidy cuts may lower mall spending and hurt tenants, while office space faces too much supply and demand for newer buildings.
AME REIT posts slight rise in 4Q property income, to pay 1.83 sen per unit
NPI for the fourth quarter ended March 31, 2024 (4QFY2025) rose 1.
Parkway Life REIT to divest Malaysian property for RM20m
The property is currently Parkway Life Malaysia’s sole asset and contributes 0.
KIP REIT’s 3Q net property income jumps 52% on strong mall, new asset performance
The company said revenue rose 61.
Three banks underwrite the entire retail portion of Main Market-bound Paradigm REIT
Paradigm REIT is set to be listed with 1.
