KLCCP Stapled Group’s 3Q net profit up 5%, raises dividend to 8.8 sen
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT) — saw quarterly revenue grow 7.
Al-Aqar REIT’s 3Q net income falls on lower net income from Australia segment
Earnings per unit for the third quarter ended Sept 30, 2023 (3QFY2023) declined to 2.
YTL Corp posts 14-fold increase in 1Q profit to RM521.7 mil
YTL Corp also operates in the hotels segment through YTL Hospitality REIT, where it holds a 55% direct and a 3.
Hektar REIT achieves 87.7% occupancy rate across its retail portfolio in 3Q2023
Hektar Asset Management executive director and chief executive officer (CEO) Johari Shukri Jamil said: Hektar REIT’s malls, strategically positioned as neighbourhood and community hubs, have been the focal point of our success.
Sunway REIT’s NPI rises 7% to RM137 mil
Looking ahead, the new offerings at Sunway Resort Hotel are expected to widen the REIT’s customer base and increase its market share.
Sentral REIT's 3Q net property income up 6% on higher revenue, offset by higher property expenses
Gross revenue for the quarter increased by 11.
AME REIT delivers RM8.7m net income for 2Q, sustains 100% occupancy rates
The industrial REIT proposed an interim distribution of 1.
Atrium REIT acquires Shah Alam property for RM41 mil cash in related-party deal
The REIT said the purchase consideration represents a marginal discount of RM500,000 or 1.
Chong Hong Chuon confirmed as AmFIRST REIT CEO
AmFIRST REIT said resulting from his appointment as the CEO, Chong simultaneously relinquished his position as the chief financial officer of the REIT, a position he had held since November 2015.
Analysts maintain target prices for Axis REIT
Axis REIT had kept an acquisition target of RM170 million for FY2023, said Kenanga, noting that in the context of the current surge in the supply of industrial properties, the REIT may face heightened competition as potential tenants may be spoilt for choice.
