Sentral REIT's 1Q net property income rises 30% but finance costs weigh
Sentral REIT, which has 53% of its portfolio by valuation located in KL Sentral here, also has exposure in Cyberjaya (13% of portfolio) and Penang (6%).
UOA REIT’s net rental income drops 13% in 1Q as its properties record lower occupancy rates
UOA REIT did not declare any income distribution for the quarter under review, but said its manager intends to distribute at least 95% of the realised income before tax for the first half of FY2024.
Atrium REIT 1Q net rental income up 20%, pays 2 sen DPU
It was reported that Atrium REIT invested RM81 million to upgrade the Shah Alam property.
YTL REIT to develop a Moxy hotel in Hokkaido for RM199m
The planned development involved a five-storey hotel with a two-storey basement under the Moxy brand, a segment of Marriott’s millennial-focused brand.
Pavilion REIT climbs over one-month high, analysts say earnings growth on track
Shares in Pavilion REIT edged up 1.
PavREIT’s 1Q NPI jumps 33%, pays 2.48 sen distribution per unit
According to the REIT, its property operating expenses for the quarter surged 52% y-o-y due to operating expenses incurred for the new property, upgrading works, and higher utility costs driven by additional consumption under the hot weather.
CapitaLand Malaysia Trust surges to near four-year high after strong 1Q
So far this year, CLMT has gained 17%, sharply outperforming its peers, buoyed by potential earnings contributions from its newly-acquired industrial properties.
CLMT’s 1Q net property income jumps 63% to RM64m, DPU up 37%
Revenue for the quarter ended March 31, 2024 (1QFY2024) rose 42.
AME REIT’s 4Q net property income jumps 12%, declares 1.87 sen distribution per unit
During the quarter, AME REIT registered RM12.
Axis REIT to dispose of Axis Steel Centre @ SiLC in Johor for RM162m cash
Axis Steel Centre @ SiLC is sprawled over 26.
