News about REIT

KUALA LUMPUR (Jan 19): Axis Real Estate Investment Trust (REIT) said it expects its total assets under management (AUM) to grow by more than 10% for its financial year ending Dec 31, 2017, contributed by the completion of Phase 1 of Axis PDI Centre and a few more acquisitions the trust is eyeing.

KUALA LUMPUR (Jan 19): Axis Real Estate Investment Trust’s (REIT) realised net income for the fourth quarter ended Dec 31, 2016 (4QFY2016) came in at RM23.

SINGAPORE (Jan 18): Deutsche Bank expects a challenging 2017 for the local property market despite forecasting a recovery.

Sunway Real Estate Investment Trust (Jan 12, RM1.

SINGAPORE (Jan 12): HSBC Global Research expects to see a “relatively uneventful reporting period” as Singapore REITs (S-REITs) gear up to report their financial results for the quarter ended December 2016 over the coming weeks.

KUALA LUMPUR (Jan 12): Sunway Real Estate Investment Trust (SunREIT) is buying a 15.

SINGAPORE (Jan 11): Maybank Kim Eng has named CapitaLand Commercial Trust (CCT) as its top “buy” pick in the office sector with an unchanged target price of S$1.

KUALA LUMPUR (Jan 11): Property developer and education service provider Paramount Corp Bhd requested for its shares to be suspended from trading today, ahead of a material announcement, it said in a filing with Bursa Malaysia yesterday.

SINGAPORE (Jan 9): Keppel DC REIT was one of the best performers among the Singapore real estate investment trusts (S-REITs) in 2016, with its share price rising 18.

KUALA LUMPUR (Jan 9): Malaysian real estate investment trusts (REITs) have had a stable ride over the past year as they are viewed as a preferred safe haven amid the current market volatility.