AME REIT says 3Q net income up 19%, declares distribution of 1.88 sen per unit
With the additional rental from the three newly-acquired industrial properties, the industrial REIT’s net property income (NPI) grew 14.
With the additional rental from the three newly-acquired industrial properties, the industrial REIT’s net property income (NPI) grew 14.
Chur Associates founder and managing partner Chris Tan equates buying a property like buying a car, where regular maintenance is needed to upkeep the performance of the car, and the same applies to properties to preserve and enhance their value.
Event to foster and strengthen transfer of knowledge between architects and the built industry KUALA LUMPUR (Dec 22): UEM Sunrise Bhd recently collaborated with the Kuala Lumpur Architectural Festival to organise the KLAF Design Charrettes 2023.
“AME stands out in terms of its sole focus on industrial properties, which also offers a unique exposure to capture the ongoing inflow of foreign direct investment.
The agreements involve two of Centurion’s Malaysian assets, Westlite Dormitory (Bukit Minyak) Sdn Bhd and Westlite Dormitory (Tampoi) Sdn Bhd.
According to Radium, its revenue and profit for the quarter under review came mainly from the Residensi Vista Sentul, Suite Canselor and Residensi Desa Timur projects.
DONE DEAL: Condominium unit, The Pearl, KLCC, Kuala Lumpur DONE DEAL: Shop, CBD Perdana, Cyberjaya, Selangor Vogue Suites is an exquisite residential haven located within the vibrant and sustainable enclave of KL ECO City.
RHB said the potential addition of new land, especially in Johor, could be a share price catalyst as AME has been anchoring the industrial sector in Iskandar Malaysia.
Back in 2021, Kanger had already acquired 126 serviced apartments at Levels 30 to 45 in Tower A, Antara Genting Highlands Resort Suites for RM142.
With a gross development value (GDV) of RM200 million, the Lifestyle Suites tower comprises 651 small office units and priced from RM240,000.