Axis REIT to acquire Klang industrial complex from Amsteel Mills for RM49m
Following the acquisition, AMSB will lease the property back from Axis REIT for six years, with a starting monthly rental of RM285,833.
Hektar REIT announces first issuance under RM500m MTN programme
Hektar MTN Satu is a special purpose entity incorporated to raise financing on behalf of Hektar REIT.
YTL Hospitality REIT’s acquisition of Syeun Hotel to boost NPI by 1% — AmInvestment
In a note on Thursday, the research house maintained its "buy" call on the REIT following its acquisition, with a higher fair value (FV) of RM1.
YTL Hospitality REIT acquires Syeun Hotel in Ipoh for RM55m cash
YTL REIT boasts a total of 10 hotel properties in Malaysia, including hotel chains such as JW Marriott Hotel Kuala Lumpur, The Majestic Hotel Kuala Lumpur and The Ritz Carlton Hotel Kuala Lumpur.
YNH says ALX Asset can’t raise enough fund to buy 163 Retail Park
“There are no liquidated damages or penalties that the company needs to compensate [concerning the SPA with ALX Asset].
AME REIT says 3Q net income up 19%, declares distribution of 1.88 sen per unit
With the additional rental from the three newly-acquired industrial properties, the industrial REIT’s net property income (NPI) grew 14.
CapitaLand Malaysia Trust ventures into industrial segment with acquisition of three Iskandar M'sia factories for RM27m
Post transaction, the REIT’s enlarged portfolio will consist of 10 properties, with the proportion of industrial and logistics properties increasing from 10% to 11% of its total portfolio's net lettable area of approximately 4.
Analysts expect forward earnings growth for CLMT
According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.
Sunway REIT 4Q net property income falls 7%, declares 4.68 sen DPU
The contraction in Sunway REIT’s NPI was attributed to higher reversal of doubtful debt provision recorded in 4QFY2022 and the impact of increased Imbalance Cost Pass-Through (ICPT) electricity charges across all segments.
CapitaLand Malaysia Trust pays 2.24 sen DPU as 4Q net property income jumps 54.4%
The trust's revenue rose 57.
