UOA REIT declares lower DPU of 3.86 sen in 4Q as net rental income drops 12%
This brings its total income distribution for FY2023 to 7.
This brings its total income distribution for FY2023 to 7.
The REIT announced an interim income distribution of 3.
Going forward, UOA REIT said economic conditions remain as the key factor influencing the occupancy and rental rates of its properties.
KUALA LUMPUR (Nov 19): UOA Real Estate Investment Trust's net rental income almost doubled to RM23.
KUALA LUMPUR (July 23): UOA Real Estate Investment Trust’s (UOA REIT) rental income rose 98.
KUALA LUMPUR (Jan 21): UOA Real Estate Investment Trust’s (REIT) net rental income for the fourth quarter ended Dec 31, 2020 (4QFY20) fell 10.
KUALA LUMPUR (July 24): UOA Real Estate Investment Trust (REIT) saw its net rental income fall 3.
KUALA LUMPUR (May 13): Almost a year after the RM120 million disposal of Wisma UOA Pantai, UOA Real Estate Investment Trust (REIT) is on the lookout for fresh assets to add to its portfolio.
PETALING JAYA (Sept 6): Menara UOA Bangsar interim MC President Datuk Satharuban Sivasubramaniam has urged the management committees of other mixed developments owned by UOA Real Estate Investment Trust (UOA Reit) to take heed of the Menara UOA Bangsar case as he believes the fund has similar practices in managing its other properties as well.
PETALING JAYA (Sept 4): UOA Real Estate Investment Trust (UOA REIT) is considering forming sub-management committees (sub-MCs) for properties held under UOA REIT as this will allow the different components in mixed developments to operate independently and avoid potential disputes.