News about reit

KUALA LUMPUR (Oct 27): CGS-CIMB Securities Sdn Bhd said on Wednesday (Oct 27) that IGB Real Estate Investment Trust (IGB REIT) is a big beneficiary of revenge shopping in the fourth quarter of 2021 on Malaysia's retail sector recovery, helped by progress in the country’s Covid-19 vaccination to curb the spread of the pandemic.

KUALA LUMPUR (Oct 26): IGB Real Estate Investment Trust (IGB REIT) saw its net property income (NPI) fall 42.

KUALA LUMPUR (Oct 25): Axis Real Estate Investment Trust (REIT) has acquired a warehouse logistics facility built on leasehold land in Pasir Gudang, Johor for RM32 million.

KUALA LUMPUR (Oct 23): With the reopening of most economic activities as Malaysia adopts the living with the virus stance backed by a rapid vaccination programme that has covered close to 95% of the adult population, retail real estate investment trusts (REITs) “may be worth a closer look although much also depends on where their assets are located”, wrote The Edge Malaysia this week.

KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust's (REIT) net property income (NPI) fell 2.

KUALA LUMPUR (Oct 16): Sentral REIT (formerly MRCB-Quill REIT) has lodged debt programmes with the Securities Commission, through which it plans to raise up to RM3 billion in combined aggregate value to finance its investment activities and general working capital, as well as to refinance its borrowings.

SINGAPORE (Oct 12): The manager of CapitaLand China Trust (CLCT) is planning to acquire four assets in China worth close to S$298 million (RM915 million), reported Business Times Singapore.

KUALA LUMPUR (Sept 24): In view of the uncertainty and fluidity brought by the Covid-19 pandemic, Starhill Global Real Estate Investment Trust (Starhill Global REIT) will continue to stay vigilant and flexible in its approach to preserve balance sheet strength and liquidity to mitigate any potential short term disruption to revenue, said its chairman Tan Sri Francis Yeoh Sock Ping (pictured).

KUALA LUMPUR (Sept 20): IGB Commercial Real Estate Investment Trust's (IGBCR) stock exchange debut saw its unit price slipping below the institutional portion of its initial public offering (IPO) price during the morning trading session today.

KUALA LUMPUR (Sept 14): Datuk Eddie Ong Choo Meng (pictured) has emerged as the substantial unitholder in KIP Real Estate Investment Trust (KIP REIT), after acquiring a 9.