News about REIT

KUALA LUMPUR (July 29): IGB Real Estate Investment Trust (IGB REIT) increased its distributable income 11.

GEORGE TOWN (July 22): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) posted a 59.

KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT)’s second quarter ended June 30 (2QFY15) distributable income came in at RM11.

PETALING JAYA (July 14): Sunway REIT Management Sdn Bhd is adopting a cautious approach for its future acquisitions because of stiffer competition in the office, retail and hospitality property segments, reports The Edge Malaysia in its current issue.

Pavilion Real Estate Investment Trust (REIT) (June 24, RM1.

KUALA LUMPUR (June 22): Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis-REIT), is acquiring an industrial facility in Port Klang, Selangor from Haisan Resources Bhd for RM46 million cash on an acquisition and leaseback arrangement.

Axis Real Estate Investment Trust (June 17, RM3.

KUALA LUMPUR (May 20): Builder-cum-property developer WCT Holdings Bhd, which had earlier planned to set up a RM2 billion real estate investment trust (REIT) this year, may postpone the exercise until 2016.

KUALA LUMPUR (May 11): MCT Bhd plans to form a real estate investment trust (REIT) at the earliest by 2020.

PETALING JAYA (May 5): The implementation of real estate investment trusts is expected to generate more commercial growth in India’s financial segment, according to Jones Lang LaSalle (JLL) India.