Axis REIT pays 2.33 sen DPU as 4Q NPI climbs 12.7%; in talks to buy RM120m new assets
For the full FY2022 ended Dec 31, 2022, Axis REIT logged an NPI of RM245.
For the full FY2022 ended Dec 31, 2022, Axis REIT logged an NPI of RM245.
At the end of 4QFY2022, the REIT’s portfolio occupancy rate stood at 85.
It declared a distribution per unit (DPU) of 2.
Residential market's transactions expected to increase Industrial market’s demand surges It was an interesting year in 2022 for the Malaysia property market as we saw several initiatives by the government and improvements in sentiment among buyers and developers which led to what seemingly was a post-pandemic recovery phase for the sector.
BPS said the sales were achieved in the same year the power station opened to the public following a transformational eight-year restoration.
BNM said the country's growth in 2023 is expected to moderate amid a slower global economy, likewise the headline and core inflation figures — though the latter two will remain elevated amid lingering demand and cost pressures.
Rosalia offers 4 bedrooms and 3 bathrooms, a built-up area ranging from 1,685 to 1,761 sq ft, and priced from RM560,000 with a total GDV of RM95 million.
The group's wholly-owned unit, Sunway Construction Sdn Bhd, received the letter of award from Gopeng Bhd's subsidiary GBS Suria Sdn Bhd, said SunCon in a bourse filing.
“Following a likely January hike, we expect a pause in March, before another 25bps hike in May, assuming the government announces some form of subsidy adjustments for the second half of 2023.
Kitacon is a G7 building construction contractor involved in the construction of buildings in Malaysia.