Sentral REIT posts lower 3Q earnings as repair costs weigh on income
Revenue for the quarter, however, rose marginally to RM48.
Teh Wan Wei steps down as Sentral REIT CEO after over three years
Teh, 47, was appointed in April 2022, replacing Yong Su-Lin, who stepped down after six years.
Sentral REIT’s sale of long-vacant Wisma Sentral Inai to improve portfolio, balance sheet—analysts
If the disposal of Wisma Sentral Inai goes through, the real estate investment trust will see its overall occupancy rate rise to 94% from 85%, while improving its yield, according to analysts’ estimates, as the loss-making property has been vacant for more than three years now.
Sentral REIT’s 2Q net property income slips 2.5%, declares income distribution of 3.16 sen
Revenue for the quarter was down by 2.
Sentral REIT to buy UEM Sunrise’s Mont’Kiara retail assets for RM70m
The assets are currently fully tenanted with a mix of food and beverages (F&B), lifestyle, health and educational tenants, many of which are under a sales turnover rental model.
Rental reversion, improved occupancy to boost Sentral REIT’s FY2025 earnings — analysts
In a note on Thursday, CIMB Securities said that the company's earnings are expected to grow 2.
Sentral REIT's net property income flat in 4Q, up 20.4% for full year
Revenue increased 5.
Sentral REIT's 3Q net property income rises 25% as Menara CelcomDigi boosts revenue
Net property income for 3QFY2024 was RM37.
Analysts trim Sentral REIT earnings forecasts on lower occupancy, but flag attractive yield
Calls on the REIT’s units remained mixed following the latest quarterly results, although analysts flagged its appealing distribution yield as compared to the sector average.
Analysts upbeat on Sentral REIT for attractive FY2024 yield
RHB Bank also kept its "buy" call, with a dividend discount model (DDM)-derived target price of 91 sen.
