UOA REIT 2Q rental income slides 15%, declares 2.06 sen DPU
KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT)'s second quarter ended June 30, 2017 (2QFY17) net rental income fell 15% to RM14.
ARA Asset Management reported to be eyeing stake in Mirvac’s Olderfleet office development
SINGAPORE (June 15): ARA Asset Management has been said to be in line to purchase a half-share of Mirvac’s Olderfleet office development at 477 Collins Street, Melbourne, Australia.
Industry briefing on KL-Spore HSR project in July ahead of assets company tender
KUALA LUMPUR (June 6): MyHSR Corp Sdn Bhd and the Land Transport Authority of Singapore (LTA) will jointly conduct an industry briefing next month in preparation for the assets company (AssetsCo) tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Four Seasons Place to be completed by year end, hotel and mall target to open next year
KUALA LUMPUR (May 26): Four Seasons Place, the second-tallest building in Malaysia, will be completed by the end of this year.
Global real estate assets under management up 20% to US$2.5 trillion in 2016
PETALING JAYA (May 25): The total value of global real estate assets under management (AUM) surged by 20% year-on-year from US$2.
ARA Asset Management said to mull purchase of Sydney CBD tower
SINGAPORE (May 4): ARA Asset Management, the Singapore manager of REITs, is said to be eyeing the purchase of 320 Pitt Street, a major tower located in Sydney’s central business district which is being sold by a fund managed by Propertylink Group.
AHB's interim income distribution drops slightly to 3.1 sen per unit
KUALA LUMPUR (April 5): Amanah Hartanah Bumiputera's (AHB) income distribution for the six months ended March 31, 2017 fell to 3.
Paramount to develop Mercure hotel in Utropolis Glenmarie
PETALING JAYA (April 4): Paramount Corporation Bhd today announced the development of the hotel component in its integrated development in Shah Alam, Utropolis Glenmarie.
Frasers Centrepoint Trust issues S$90 mil 2.365% notes
SINGAPORE (April 4): Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust, announced Monday that FCT MTN has issued S$90 million (RM285.
ARA Asset Management's 4Q earnings falls 28% to S$18.5 mil
SINGAPORE (Feb 10): REIT management company ARA Asset Management posted 28% lower earnings of S$18.
