Analysts remain sanguine on IGB REIT’s prospects going forward
IGB REIT said revenue for 1QFY2024 rose 5.
IGB REIT said revenue for 1QFY2024 rose 5.
Looking ahead, IGB REIT expects the retail sector to record a 3.
Despite the extended timeline, unitholders of listed REITs will still receive financial information within two months after the REITs' financial year end through quarterly announcements on Bursa.
With the additional rental from the three newly-acquired industrial properties, the industrial REIT’s net property income (NPI) grew 14.
Post transaction, the REIT’s enlarged portfolio will consist of 10 properties, with the proportion of industrial and logistics properties increasing from 10% to 11% of its total portfolio's net lettable area of approximately 4.
YNH had previously inked an agreement in November 2022 to sell the mall for RM270.
Furthermore, Maybank IB expects the 10-year Malaysian government securities (MGS) yield to lower to 3.
The tax at a rate of 5% to 10% (previously known as the luxury tax) will come into effect in May.
In a bourse filing on Wednesday, Hektar REIT said Ong acquired 42.
In a Bursa Malaysia filing on Friday (Oct 20), Axis REIT said the judgement was served to Yongnam Engineering Sdn Bhd (YESB) and its corporate guarantor which is listed on the Singapore Exchange, Yongnam Holdings Ltd, as both parties did not enter their appearance in the lawsuit.