PavREIT to see rerating, driven by Extension asset-injection plan
Pavilion Real Estate Investment Trust (REIT) (June 24, RM1.
Axis-REIT, Haisan enter into RM46 mil sale and leaseback agreement for Port Klang property
KUALA LUMPUR (June 22): Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis-REIT), is acquiring an industrial facility in Port Klang, Selangor from Haisan Resources Bhd for RM46 million cash on an acquisition and leaseback arrangement.
Axis REIT’s occupancy rate to improve in second half
Axis Real Estate Investment Trust (June 17, RM3.
WCT may defer REIT listing plan
KUALA LUMPUR (May 20): Builder-cum-property developer WCT Holdings Bhd, which had earlier planned to set up a RM2 billion real estate investment trust (REIT) this year, may postpone the exercise until 2016.
MCT plans to launch REIT earliest by 2020
KUALA LUMPUR (May 11): MCT Bhd plans to form a real estate investment trust (REIT) at the earliest by 2020.
REITs to generate more commercial growth in India
PETALING JAYA (May 5): The implementation of real estate investment trusts is expected to generate more commercial growth in India’s financial segment, according to Jones Lang LaSalle (JLL) India.
Sunway REIT continues to deliver solid performance
Sunway Real Estate Investment Trust (April 30, RM1.
JCorp sets up Al-Salām REIT
PETALING JAYA (April 29): Johor Corporation (JCorp) officially announced the establishment of a new Islamic Real Estate Investment Trusts (REIT), Al-Salām REIT yesterday.
IGB REIT’s 1Q distributable income up 19%
PETALING JAYA (April 29): IGB Real Estate Investment Trust (IGB REIT), which lists Mid Valley Megamall and The Gardens Mall in its portfolio, saw a 19.
