CMMT NPI up 36.5% in 2QFY21, declares 0.5 sen distribution per unit
KUALA LUMPUR (July 23): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) in the second quarter ended June 30, 2021 (2QFY21) rose 36.
JLL: Asia Pacific real estate investments rise 39% y-o-y in 1H2021
PETALING JAYA (July 22): The investment volume in Asia Pacific commercial real estate reached US$83.
G Capital to buy remaining 40% stake in small hydro rights owner from Perak MB Inc
KUALA LUMPUR (July 20): G Capital Bhd has proposed to acquire the remaining 40% it does not own in Perak Hydro Renewable Energy Corp Sdn Bhd in a share deal that may see Perak MB Inc emerge as a substantial holder of G Capital.
CapitaLand's Ascott acquires properties in Paris and Hanoi for close to RM650m
SINGAPORE (June 22): The Ascott Ltd (Ascott), the wholly-owned lodging business unit of CapitaLand Ltd, has expanded its presence in Paris, France; and Hanoi, Vietnam, by acquiring two properties for about S$210 million (RM647 million), reported The Edge Singapore.
CapitaLand Malaysia Mall Trust gets nod to expand beyond non-retail investments
KUALA LUMPUR (June 14): Unitholders of CapitaLand Malaysia Mall Trust (CMMT) today voted in favour for the real estate investment trust's (REIT) proposal to expand its asset classes to include business parks, logistics facilities, warehouses, distribution centres, data centres and integrated developments.
UOA REIT 1Q net rental income up 60% to RM23m on higher gross rental
KUALA LUMPUR (May 20): UOA Real Estate Investment Trust's (UOA REIT) net rental income for the first quarter ended March 31, 2021 (1QFY21) surged 60% to RM22.
Azman Hashim to take Amcorp Properties private at 90 sen per share
KUALA LUMPUR (May 7): Major shareholders of Amcorp Properties Bhd (Amprop) have proposed to take the company private via selective capital reduction (SCR) and repayment exercise of 90 sen per share.
Global real estate investor confidence growing in Asia Pacific region – JLL
PETALING JAYA (April 23): Investors’ confidence in the Asia Pacific region real estate market is gaining traction with anticipation of increased market stability, said a Jones Lang LaSalle (JLL) Capital Tracker report.
Analysts cut CapitaLand Malaysia Mall Trust earnings forecasts after it achieved lower-than-expected income
KUALA LUMPUR (April 19): Analysts revised down CapitaLand Malaysia Mall Trust’s earnings after its net income for the first quarted ended March 31, 2021 (1QFY21) came in below expectations.
Capitaland Trust's 1Q net property income shrinks on lower revenue
KUALA LUMPUR (April 16): Capitaland Malaysia Mall Trust (CMMT) saw its net property income (NPI) for the first quarter ended March 31, 2021 (1QFY21) drop 26.
