Mas Ermieyati questions Pelaburan Hartanah's RM600m investments
Established in 2006, Pelaburan Hartanah is the property investment arm of Yayasan Pelaburan Bumiputera, aimed at facilitating Bumiputera investments in commercial properties.
Established in 2006, Pelaburan Hartanah is the property investment arm of Yayasan Pelaburan Bumiputera, aimed at facilitating Bumiputera investments in commercial properties.
This marks the highest DPU for Sunway REIT since it was listed on the Main Market in July 2010.
The purchaser, 4X Software Sdn Bhd, was unable to fulfill the stipulated condition precedent within the agreed timeline, which ended on Dec 26, 2024, according to AmanahRaya Kenedix REIT Manager Sdn Bhd, the REIT’s manager.
Axis REIT Managers Bhd chief executive officer and executive director Leong Kit May shared that the REIT is currently in closed talks with potential acquisition targets valued at RM300 million with heavy inclination towards industrial.
Its distributable income for 4QFY2024 amounted to RM92.
Aside from the fourth interim income distribution of 1.
"The group wants to hit RM2 billion in assets under management “as soon as possible”, said chief executive officer Valerie Ong Pui Shan.
In a note on Thursday, CIMB Securities said that the company's earnings are expected to grow 2.
The real estate investment trust (REIT) announced a distribution of 1.
“We have been actively managing our balance sheet to create room for acquisitions and if we have a choice, we would be keen to deploy some of our capital again in the industrial and logistics area,” said Tan Choon Siang, the chief executive officer of the trust's manager, CapitaLand Malaysia REIT Management Sdn Bhd.