IGB REIT, IGB Commercial REIT net property income up in 4Q on higher rental income, increased occupancy
Both REITs set Feb 15 as the ex-date for their DPUs, with the amount to be disbursed to unitholders on Feb 29.
The Edge Malaysia Property Management Virtual Talk 2024: Managing a stratified commercial property
Panellists discussed what investors and consumers should watch out for when buying into stratified integrated development.
IGB REIT Management chairman Lin See Yan, CEO Antony Patrick Barragry stepping down after 11 years
IGB REIT Management also announced that Lee Chen Chong and Tan Boon Lee will be standing down as directors come Dec 31, as part of the board reorganisation to facilitate independence and diversity in the boardroom.
IGB REIT's NPI up 10% while sister company IGB Commercial REIT's NPI jumps 22%
The REIT, whose portfolio includes the Mid Valley Megamall and The Gardens Mall, posted a 6.
Propel Global to acquire land in Pahang for RM14.7 mil for proposed commercial development
The construction firm said its wholly-owned subsidiary Propel Global Development Sdn Bhd has inked agreements with the vendor, Goldhill Deluxe Sdn Bhd, to purchase a 14,442 sq m parcel for RM13.
JLL unveils first GPT model for commercial real estate
The bespoke generative artificial intelligence model created JLL Technologies will be used by the company’s staff around the world to provide “CRE insights to clients in a whole new way”.
IGB Commercial REIT reports marginal increase in 2Q property income, plans 1.74 sen distribution per unit
The occupancy rate of the REIT's portfolio of 10 assets — which includes The Gardens' North and South Towers, Menara IGB, G Tower and Menara Tan & Tan — rose to 78.
DONE DEAL: Commercial land, Persiaran Titiwangsa, Kuala Lumpur
DONE DEAL: Terrace house, Emerald Hills, Kuala Lumpur DONE DEAL: Factory, Klang, Selangor The commercial land is situated nearby Taman Tasik Titiwangsa, Kuala Lumpur and it comes with an array of conveniences and facilities around the area.
IGB shares nearing March-record high following share buyback
According to a filing with Bursa Malaysia, IGB bought back 737,300 shares in March when its share price started its climb to the peak.
Axis REIT posts small rise in 1Q net property income, declares 2.05 sen income distribution
Axis REIT’s manager is optimistic that in view of the satisfactory performance of the REIT’s existing property portfolio and its growth strategy to actively pursue quality investments, it will be able to maintain its current performance for FY2023.
