Sunway REIT 2Q DPU falls 11.3%

KUALA LUMPUR (Feb 15): Sunway Real Estate Investment Trust’s (REIT) distribution per unit (DPU) for the second quarter ended Dec 31, 2016 (2QFY17) fell 11.

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M-REITs may be allowed to build own properties

MALAYSIAN real estate investment trusts (M-REITs) may soon be allowed to put as much as 15% of their total assets into development projects and vacant land for development and are already positioning themselves for the liberalisation that is slated for the end of the year, industry sources say.

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