Hektar REIT banks on turnover lease

KUALA LUMPUR (Sept 11): Turnover rent structure has helped Hektar Real Estate Investment Trust (Hektar REIT) to manage rental pressures amid a weak retail environment coupled with the overbuilding of malls in the Klang Valley.

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Technology and innovation to drive future cities

PETALING JAYA (Sept 10): The concept of building a smart city is not about constructing a new city from scratch but how to improve the daily lives of city dwellers through technology, innovative ideas and sustainable design.

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Amanahraya REIT to buy Vista Tower

KUALA LUMPUR (Sept 7): Amanahraya Real Estate Investment Trust (REIT), which has suspended its trading since yesterday afternoon pending a material announcement, has inked a deal for the purchase of the Grade A Vista Tower office building in Kuala Lumpur for RM430 million, according to a statement from the REIT's major unitholder KDA Capital Malaysia Sdn Bhd.

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