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KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT), the country’s first retail-focused REIT, will rely on organic revenue growth via its asset enhancement initiative (AEI) for its financial year ending December (FY15).

KUALA LUMPUR (April 17): KLCC Stapled Group, which is made up of KLCC Property Holdings Bhd (KLCC Prop) and KLCC Real Estate Investment Trust (KLCC REIT), is mulling the addition of two multibillion ringgit prime land assets here to its portfolio from its parent company, Petroliam Nasional Bhd (Petronas).

KUALA LUMPUR (April 17): Eco World Development Group Bhd is strengthening its hold up north with the proposed development of the Eco Marina development on Batu Kawan island in Seberang Perai in mainland Penang.

KUALA LUMPUR (April 17): The Petaling Jaya City Council (MBPJ) has cancelled an application to develop the 7.

KUALA LUMPUR (April 16): Kumpulan Perangsang Selangor Bhd (KPS) said a five-month extension has been granted for the fulfilment of conditions precedent in the agreement signed between its unit Cash Band (M) Bhd and Setia Eco Templer Sdn Bhd for the joint-development of a RM1.

KUALA LUMPUR (April 16): Hektar Asset Management Sdn Bhd, the manager of Hektar Real Estate Investment Trust (REIT), expects to maintain a strong portfolio management in 2015.

KUALA LUMPUR (April 16): Former executive director (ED) of Perdana Parkcity Sdn Bhd which is the developer of the Desa ParkCity project in Kuala Lumpur, Phan Yoke Seng, has joined Berjaya Land Bhd (Bland) as an executive director.

KUALA LUMPUR (April 16): AmFIRST Real Estate Investment Trust (AmFIRST REIT) said the acquisition of Mydin Hypermall in Bukit Mertajam, Penang is expected to help lift the distribution per unit (DPU) by 0.

Eco World Development Group Bhd (April 15, RM1.

S P Setia Bhd (April 15, RM3.