CapitaLand Malaysia’s 1Q NPI up 9% on better revenue contribution; declares 0.87 sen DPU
Its portfolio occupancy improved to 89.
After regaining firm footing in FY2022, Sunway REIT eyes more positive upside from post-Covid reopening
Sunway REIT chief executive officer Datuk Jeffrey Ng Tiong Lip: “Sunway REIT has recovered well from Covid-19 pandemic.
Sunway REIT eyes overseas properties to grow portfolio
The trust aims to grow its asset value to between RM14 billion and RM15 billion by 2027, from RM9.
Pavilion REIT's 1Q property income rises 11.5% amid increased occupancy, rental income
Pavilion Kuala Lumpur Mall remained the REIT's biggest overall revenue contributor as well as for its mall segment, with gross revenue rising 18.
Tower REIT’s earnings further weighed down by higher electricity tariff, wages
The office rental market remains challenging with the over-supply of office space particularly in the Klang Valley as more organisations, especially multinational corporations, continue to re-evaluate their workplace strategies and requirements, the REIT said.
AME REIT declares 1.82 sen distribution per unit for 4Q23
It was the second distribution whereby AME REIT distributed 100% of the quarter’s distributable income to its unitholders.
UOA REIT stays focused on offices as it sees room for growth
UOA REIT invests in office buildings across Klang Valley.
KIP REIT's 3Q net property income up 13.3%, declares 1.55 sen income distribution
The REIT said the southern region remained as the highest revenue contributor, with the three malls located in the region reporting a gross revenue of RM10.
Axis REIT posts small rise in 1Q net property income, declares 2.05 sen income distribution
Axis REIT’s manager is optimistic that in view of the satisfactory performance of the REIT’s existing property portfolio and its growth strategy to actively pursue quality investments, it will be able to maintain its current performance for FY2023.
