CapitaLand Malaysia Trust pays 2.24 sen DPU as 4Q net property income jumps 54.4%
The trust's revenue rose 57.
The trust's revenue rose 57.
CLMT concluded its FY2023 with a set of a strong financial performances, with its net property income (NPI) surging 42.
JLL Malaysia logistics and industrial team member Derek Yap said warehouse absorption in Greater Kuala Lumpur remained robust last year, as demonstrated by the strong pre-commitment level from occupiers.
The five plots of land are located some 15km from Kuching City Centre.
"The information from the Sistem Pangkalan Data Utama (Padu) database could be utilised to ensure a sustainable real estate market via the residual approach.
The sustainability sukuk is priced at a yield of 5% with a periodic distribution of 5% per annum.
This brings its total income distribution for FY2023 to 7.
The international freight services provider said its wholly-owned unit FM Global Logistics (M) Sdn Bhd has signed a sale and purchase agreement with Petaling Garden to buy a 2.
“This proposed acquisition brings excitement to the group as it enables us to tap into ETA World’s expertise in the construction and property development of industrial properties, enabling the enlarged group to take advantage and ride on the favourable prospects of the industrial property market.