Sentral REIT 1Q net property income down 4% on-year; up in quarterly terms
KUALA LUMPUR (May 6): Sentral REIT, formerly known as MRCB-Quill REIT, said today first quarter net property income (NPI) fell 4.
KUALA LUMPUR (May 6): Sentral REIT, formerly known as MRCB-Quill REIT, said today first quarter net property income (NPI) fell 4.
PUTRAJAYA (April 26): The Ministry of Finance (MoF) said the government will be using RM5 billion from the National Trust Fund (KWAN) for the fight against the Covid-19 pandemic, as well as for the country's immunisation plan, as it had no choice but to do so as its finances are nearing its limit after the 1Malaysia Development Bhd (1MDB) scandal.
KUALA LUMPUR (April 21): Axis Real Estate Investment Trust (Axis REIT) declared an interim distribution per unit (DPU) of 2.
As new norms set in, property managers need to stay agile and be focused on mitigating the Covid-19 pandemic as they manage their properties.
KUALA LUMPUR (April 13): New Covid-19 cases in Malaysia jumped to 1,767 — the second highest in two months — as of noon today compared with 1,317 yesterday.
KUALA LUMPUR (April 8): Office landlords and real estate investment trusts (REITs) in the Asia-Pacific region are well equipped to cope with changes brought on by the Covid-19 pandemic, said S&P Global Ratings.
KUALA LUMPUR (April 7): About a third of Malaysian employers are looking to increase headcount in 2021 following the economic downturn caused by the Covid-19 pandemic, according to Michael Page's Talent Trends 2021 report.
KUALA LUMPUR (March 31): Bank Negara Malaysia (BNM) said online retail sales almost doubled during the Covid-19 pandemic, demonstrating rapid growth of the digital economy as a contributor to the country’s growth.
KUALA LUMPUR (March 30): Gamuda Bhd posted a 30% decline in its net profit to RM123.
PETALING JAYA (March 30): Home Ownership Campaign 2020/2021 has seen 34,354 properties worth RM25.