UOA REIT's 2Q net profit drops 7% on higher operating expenses
The REIT announced an interim income distribution of 3.
SunCon receives RM253m refurbishment contract from Sunway REIT
SunCon said the project is expected to contribute positively to the earnings of the group for the financial year ending Dec 31, 2023 onwards.
Sunway REIT deputy CEO Chen Kok Peng assumes role as CEO as part of succession planning
Chen joined Sunway Group as a finance trainee in 2004 and attained his Institute of Chartered Accountants in England and Wales qualification in 2007.
AmanahRaya REIT to sell Holiday Villa Resort Hotel in Langkawi for RM145 mil
AmanahRaya REIT, which is expected to record a gain of RM45 million, said the proposed disposal is in line with the trust’s growth strategy to unlock and realise higher returns on its investments at a favourable price.
Al-‘Aqar Healthcare REIT to renew five lease agreements with KPJ Healthcare’s units
The agreements are for the leasing of KPJ Perdana Specialist Hospital to Perdana Specialist Hospital Sdn Bhd; KPJ Kajang Specialist Hospital to Kajang Specialist Hospital Sdn Bhd; KPJ Sentosa KL Specialist Hospital to Sentosa Medical Centre Sdn Bhd; Kedah Medical Centre to Kedah Medical Centre Sdn Bhd; and Kuantan Care and Wellness Centre (Kuantan CWC) to Kuantan Wellness Center Sdn Bhd.
HLIB Research starts coverage on Hektar REIT, target price 60 sen
“Our forecasts imply a divvy yield of 9.
SunREIT and HSBC team up for maiden RM200 mil sustainability-linked cross currency swap
The metrics include the total renewable energy in MWh generated by all solar photovoltaic systems in the REIT’s properties, and the weighted average building energy intensity measured in kWh per square metre of the building’s gross floor area per year.
KIP REIT buys KIPMall Kota Warisan for RM80m, proposes private placement to raise up to RM10m
The acquisition, which is expected to be completed by the first quarter next year, will expand the KIP REIT’s portfolio to 11 assets.
Sentral REIT plans to acquire Menara CelcomDigi from MRCB
Sentral REIT said its management company, Sentral REIT Management Sdn Bhd, has accepted a letter of intent issued by MRCB to commence negotiations for the proposed acquisition.
Axis REIT sees slew of board changes
In a bourse filing on Tuesday (May 30), Axis REIT said its executive deputy chairman Datuk Abas Carl Gunnar Abdullah, 64, was promoted to executive chairman effective immediately, while its non-independent director Stephen Tew Peng Hwee@Teoh Peng Hwee, 62, will take over the role of deputy chairman.
