Sentral REIT's 1Q net property income rises 30% but finance costs weigh
Sentral REIT, which has 53% of its portfolio by valuation located in KL Sentral here, also has exposure in Cyberjaya (13% of portfolio) and Penang (6%).
RHB IB raises Sentral REIT earnings forecast by 11% following Menara CelcomDigi acquisition
In a note on Wednesday, RHB IB stated that Sentral REIT’s net profit for the fourth quarter of 2023 (4Q2023) came in at RM19.
Sentral REIT's 4Q NPI up 30%, declares 0.68 sen DPU
The improvement in gross revenue was also due to the impact of revenue straight-lining over the lease term under requirements of Malaysian Financial Reporting Standard 16 Leases, said Sentral REIT in a bourse filing.
Sentral REIT completes RM450 mil acquisition of Menara CelcomDigi from MRCB
Sentral REIT had on July 25 struck a deal with MRCB’s wholly-owned unit Puncak Wangi Sdn Bhd to acquire Menara CelcomDigi, a 27-storey office building.
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Sentral REIT's 3Q net property income up 6% on higher revenue, offset by higher property expenses
Gross revenue for the quarter increased by 11.
Acquisition of Menara CelcomDigi for RM450m is fair and reasonable, says independent adviser
PIVB recommended to non-interested shareholders of MRCB to vote in favour of the resolution pertaining to the proposed acquisition at the extraordinary general meeting on Oct 24.
Analysts foresee better financial performance by Sentral REIT on Menara CelcomDigi purchase
The analysts made their forecast after the REIT posted a net property income of RM29.
Sentral REIT's 2Q net property income up 4.55%
In a filing to Bursa Malaysia on Thursday (Aug 10), the group reported that property operating expenses for the second quarter of 2023 (2Q2023) were RM9 million, marking a 4.
Magna Prima to sell land in PJ at RM4m loss
Magna Prima said the disposal consideration of RM65 million was arrived at after taking into account the negative net current liabilities of RM68.
