Axis REIT 2Q core net earnings within expectations
Axis Real Estate Investment Trust (July 25, RM1.
Axis REIT’s net property income increases 1.8% in 2Q, declares 2.17 sen DPU
KUALA LUMPUR (July 25): Axis Real Estate Investment Trust’s (Axis REIT) net property income grew marginal to RM36.
Axis REIT plans to buy Pahang lands from Wah Seong units for RM155 mil
KUALA LUMPUR (July 24): Axis Real Estate Investment Trust (REIT) is planning to buy one piece of leasehold land and a portion of another leasehold land in Pahang, measuring a total of 126.
Singapore office REITs to see pressure in vacancies
SINGAPORE (July 21): Religare is staying positive on Singapore office REITs as the sector has posted an average YTD return of 16.
UOA REIT 2Q rental income slides 15%, declares 2.06 sen DPU
KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT)'s second quarter ended June 30, 2017 (2QFY17) net rental income fell 15% to RM14.
Foreign investors ‘positive’ on Singapore property sector
SINGAPORE (July 7): Maybank Kim Eng is maintaining its “positive” rating on Singapore’s property sector after collecting feedback from investors in Hong Kong.
Ascott REIT to divest 2 China properties for S$198 mil
SINGAPORE (July 4): Ascott Residence Trust has entered into two conditional agreements to divest its interests in two serviced residence properties in China – Citadines Biyun Shanghai and Citadines Gaoxin Xi’an – for a total consideration of RMB980 million (S$198.
Keppel REIT’s latest acquisition offers DPU accretion, cashflow visibility
SINGAPORE (June 30): DBS is maintaining its “buy” call on Keppel REIT (KREIT) with a target price of S$1.
Hektar REIT eyes more assets outside of Klang Valley
KUALA LUMPUR (June 13): Hektar Real Estate Investment Trust (Hektar REIT) is actively looking to acquire more assets outside of Klang Valley, to bolster its financial performance.
WCT expects to list REIT before end-2017
KLANG (June 1): Construction and property player WCT Holdings Bhd said it expects to realise plans to list a real estate investment trust (REIT) before year end, after the group has tidied its assets.
