Sunway REIT completes Kluang Mall acquisition
The mall, now rebranded as Sunway Kluang Mall, is nearly fully occupied with over 130 tenants and anchored by Pacific Hypermarket & Department Store.
UOA REIT's income to rebound further in 4Q on better occupancy — AmInvest
This is as occupancy rate for Parcel B — Menara UOA Bangsar (MUB) is expected to rise to above 60% in the fourth quarter of financial year 2024 (4QFY2024), from 58% in 3QFY2024, the research house said.
Analysts raise earnings forecast after PavReit adds two hotels to portfolio
After acquiring two premier hotels namely Banyan Tree Hotel and Pavilion Hotel in Kuala Lumpur for a sum of RM480 million.
Pavilion REIT proposes to buy chairman’s KL hotels for RM480m
Pavilion REIT said the acquisitions align with its commitment to deliver premium offerings while capitalising on synergistic opportunities with Pavilion KL mall.
IGB Commercial REIT buys two office floors in Menara Southpoint from IGB for RM62.4 mil cash
The property comprises two office-suite parcels within Menara Southpoint in Mid Valley City, Kuala Lumpur.
Al-Aqar REIT announces 1.9 sen DPU despite 11% drop in 3Q net income
Net rental income for the quarter declined 6.
Damansara REIT Managers appoints Zulhilmy Kamaruddin as its new CEO
He succeeds Raja Nazirin Shah Raja Mohamad, whose tenure concludes with the expiry of his contract.
KIP REIT acquires 1.15-acre retail asset in Gerik for RM14.8m
The new asset features a single-storey hypermarket, basement car park and office space.
CapitaLand Malaysia Trust names Yong Su-Lin as CEO-designate from Jan 2
According to CapitaLand Malaysia Trust, Yong has more than 28 years of experience in banking including project financing, consultancy and real estate industry including fund management for real estate.
Sentral REIT's 3Q net property income rises 25% as Menara CelcomDigi boosts revenue
Net property income for 3QFY2024 was RM37.
