IGB REIT's 2Q net property income drops 2.76%, declares 2.37 sen DPU
Distributable income dipped 2.
CLMT’s 2Q NPI rises 52% on contribution from newly acquired Queensbay Mall, higher rental income
Earnings per share rose to 1.
CapitaLand Malaysia expects strong consumer spending to support growth momentum for remaining of FY2023
The real estate investment trust (REIT) said it had initially expected last year's strong recovery to taper off this year considering that there were no more special Employees Provident Fund (EPF) withdrawals, and due to a higher cost of living which may dent consumers’ spending power.
Sentral REIT acquires Menara CelcomDigi for RM450m; proposes share placement
Sentral REIT said the acquisition of the building from MRCB’s wholly-owned subsidiary Puncak Wangi Sdn Bhd, will be satisfied with cash raised through a combination of equity and debt funding exercises.
KIP REIT's 4Q net property income up 14%, declares 1.75 sen income distribution
KIP REIT has proposed a final income distribution of 1.
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.
