Axis REIT sues ex-tenant to recover RM105 mil in unexpired future rental payments
The REIT said the suit against Yongnam Engineering Sdn Bhd (YESB) was filed by its trustee, RHB Trustees Bhd, at the High Court in Johor Bahru on Tuesday.
KIP REIT’s RM80m acquisition of KIPMall Kota Warisan deemed fair and reasonable by independent adviser
The all-cash deal is deemed a related party transaction as KIP REIT’s major unitholder Datuk Ong Kook Liong is also a director and major shareholder of Cahaya Serijaya.
Sunway REIT’s 2Q NPI rises 9%; declares 4.62 sen DPU
For the first half ended June 30, Sunway REIT’s NPI advanced 12.
KLCCP Stapled's 2Q net profit up 9.5%, declares 8.8 sen dividend
"These office assets continued to anchor the group’s stable performance, recording an increase in revenue and PBT of RM145.
Analysts foresee better financial performance by Sentral REIT on Menara CelcomDigi purchase
The analysts made their forecast after the REIT posted a net property income of RM29.
Sentral REIT's 2Q net property income up 4.55%
In a filing to Bursa Malaysia on Thursday (Aug 10), the group reported that property operating expenses for the second quarter of 2023 (2Q2023) were RM9 million, marking a 4.
AME REIT aims for 100% lease renewal, targets RM100 mil acquisition to expand portfolio
Of the 12 leases, AME REIT has successfully renewed leases with five existing tenants, obtained one replacement tenant, and confirmed lease renewals with six existing tenants, which will be finalised by end-FY2024.
YTL Hospitality REIT’s 4Q NPI up 5.6%, declares 4.38 sen distribution
On prospects, the REIT expects the hospitality industry to stay relatively buoyant amidst risks of higher inflation, interest rate hikes, and other economic challenges.
HLIB: IGB REIT will continue to demonstrate resilience for rest of FY2023
In a note on Thursday (July 27), the research house said IGB REIT recorded core net profit of RM177.
