Office glut pushes Tower REIT to innovate

Oct 29

KUALA LUMPUR (Oct 29): Facing a prolonged office glut, Tower Real Estate Investment Trust (REIT) chief executive officer Eusoffe Chua said it cannot rest on its laurels.

Hong Leong’s Tower REIT to reinvent co-working space

Oct 29

KUALA LUMPUR (Oct 29): Filling up office space is not easy for landlords nowadays simply because of oversupply.

Pavilion REIT 3Q NPI slips on higher expenses, pays 2.04 sen

Oct 25

KUALA LUMPUR (Oct 25): Pavilion Real Estate Investment Trust’s (REIT) net property income fell 3.

IGB REIT distributable income up 1.3%, declares 2.31 sen distribution

Oct 24

KUALA LUMPUR (Oct 24): IGB Real Estate Investment Trust (REIT)’s distributable income for the third quarter ended Sept 30, 2019 (3QFY19) rose 1.

KIP REIT NPI rises 36%, declares 1.37 sen distribution

Oct 17

KUALA LUMPUR (Oct 17): KIP Real Estate Investment Trust (KIP REIT)’s net property income jumped 36% to RM13.

Axis REIT to buy property in Johor for RM65m cash

Oct 15

KUALA LUMPUR (Oct 15): Axis Real Estate Investment Trust (REIT) is planning to acquire a single-storey warehouse-cum-office building in Johor for RM65 million cash, from Rancak Beta Sdn Bhd.

Budget 2020: Still need more to stimulate property market, says Rehda

Oct 11

PETALING JAYA (OCT 11): The Real Estate and Housing Developers’ Association Malaysia (Rehda) hopes that more government incentives will be forthcoming to further spur the property market after the Home Ownership Campaign 2019 (HOC 2019) ends Dec 31, 2019.

PEPS: Remove 5% RPGT for property disposal from 6th year

Oct 04

PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating the country’s housing market.