Kiss goodbye to high REIT yields in Singapore
SINGAPORE (Dec 20): DBS Group Research has an “underweight” rating on the Singapore REIT sector as it anticipates four interest rate hikes by the US Federal Reserve in 2017 alone.
Amanah Raya Bhd aims to double ARREIT’s fund size in 3 to 5 years
KUALA LUMPUR (Dec 19): The strategic collaboration between Amanah Raya Bhd and Japan’s largest independent real estate asset management company Kenedix Inc, will enhance its real estate investment trust (REIT) segment and double the fund size or asset value of AmanahRaya REIT (ARREIT) from RM1 billion to RM2 billion, within three to five years.
Greater KL development negative for property and REITs, says HLIB Research
KUALA LUMPUR (Dec 14): The Greater Kuala Lumpur development has been deemed as being negative for the property sector and real estate investment trusts (REITs) by Hong Leong IB Research.
‘REITs’ fundamentals still intact’
KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.
MQREIT to raise RM487.942 mil from proposed placement
KUALA LUMPUR (Dec 8) MRCB-Quill REIT (MQREIT) is set to raise RM487.
MQREIT: No plans to go into property development yet
KUALA LUMPUR (Dec 8): MRCB Quill Management Sdn Bhd, the manager of MRCB-Quill Real Estate Investment Trust (MQREIT), says it has no plans to embark on property development activities as yet, despite the proposed liberalisation of the REIT guidelines by the Securities Commission Malaysia (SC) in July.
MQREIT will look into potential of acquiring Menara Celcom in PJ
KUALA LUMPUR (Dec 7): MRCB Quill Management Sdn Bhd, the manager of MRCB-Quill Real Estate Investment Trust (MQREIT) said it is open to acquiring new assets in the future and will look into the potential of injecting Menara Celcom in Petaling Jaya from one of its sponsors, Malaysian Resources Corp Bhd (MRCB).
Ascendas REIT just acquired two science park properties. What does it mean for unitholders?
SINGAPORE (Dec 6): Ascendas REIT is acquiring two properties located along Science Park Drive for S$437.
Battle of Singapore property plays in a risk-averse environment
SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.