KIP REIT acquires land in Gerik for RM14.8m
The leasehold land, expiring in October 2112, includes a single-storey hypermarket, basement car park and office, totalling 60,895 sq feet of lettable area.
Analysts trim Sentral REIT earnings forecasts on lower occupancy, but flag attractive yield
Calls on the REIT’s units remained mixed following the latest quarterly results, although analysts flagged its appealing distribution yield as compared to the sector average.
Analysts upbeat on Sentral REIT for attractive FY2024 yield
RHB Bank also kept its "buy" call, with a dividend discount model (DDM)-derived target price of 91 sen.
Sentral REIT’s 1H2024 earnings per unit inch up amid dilution to fund acquisition
Finance costs rose 44.
YTL Hospitality REIT’s 4Q NPI up 9.7%, declares 4.09 sen distribution
The REIT reported a 14.
IGB REIT declares 2.56 sen distribution as NPI rises 6.5% in 2Q
Looking forward, the REIT said the primary challenge for Malaysia’s retail sector is still the escalating cost of living affecting consumers across income brackets.
KIP REIT net property income surges 63% in 4QFY2024, declares 1.97 sen payout per unit
“We are excited by the potential of our existing assets and the vast opportunities to acquire high quality accretive assets with strong recurring rental income to expand our portfolio,” said KIP REIT chief executive officer Valerie Ong Pui Shan.
UOA REIT 2Q net rental income falls 22% on higher operating expenses; declares 2.9 sen distribution per unit
Its property operating expenses stood at RM11.
IGB Commercial REIT's 2Q NPI up 11%, declares 0.97 sen DPU
It also saw net profit for the quarter increase 2.
CapitaLand Malaysia Trust eyes more industrial, logistic assets in Johor
In February this year, CLMT acquired three prime freehold ready-built factories in Nusajaya Tech Park in Iskandar Malaysia from Nusajaya Tech Park Sdn Bhd for a total RM27 million, marking the trust's entry into the industrial market, as it diversified its geographical footprint to Johor.
