IGB REIT says IQ income affected by MCO, sees grim outlook
KUALA LUMPUR (April 23): IGB Real Estate Investment Trust’s net property income (NPI) fell 14.
Logistics property to draw investment interest
PETALING JAYA (April 22): Institutional funds and REIT managers remain positive about investing in the logistics/industrial property sub-sector in Malaysia, according to Knight Frank Malaysia.
YTL Starhill Global REIT requests S&P to withdraw credit rating on RM9b property trust
KUALA LUMPUR (April 22): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), has requested S&P Global Ratings to withdraw its corporate credit rating on the REIT and notes issued under the property trust’s medium-term notes programmes.
Office and industrial REITs unlikely to give free rental during MCO period
KUALA LUMPUR (March 25): Office and industrial real estate investment trusts (REITs) in Malaysia are unlikely to offer free rental or rebates during the Movement Control Order (MCO) period currently in place in the country due to the COVID-19 virus outbreak.
No defence against MCO for REITs
KUALA LUMPUR (March 23): Equity investors usually flock to defensive stocks like real estate investment trusts (REITs) to weather any storms in the markets.
HLIB keeps ‘overweight’ on REITs, top picks Axis REIT and KLCCSS
KUALA LUMPUR (March 19): Hong Leong IB Research (HLIB) has maintained its “overweight” rating on the Malaysian real estate investment trust (REIT) sector and said it was revising its earnings forecasts for the sector with cuts ranging from -8.
RHB Research raises target price for KLCCP Stapled to RM8.68
KUALA LUMPUR (March 9): RHB Research has reiterated its “buy” call for KLCCP Stapled Group (KLCCP Stapled), comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, at RM8.
GuocoLand to sell Menara Guoco to Tower REIT for RM242m
KUALA LUMPUR (March 2): GuocoLand (Malaysia) Bhd is selling Menara Guoco in Damansara Heights here to Tower Real Estate Investment Trust (Tower REIT) for RM242.
Rethink housing financialisation, says Liew
KUALA LUMPUR (Feb 22): It is time for Malaysia “to unwind and reverse the 50-year history” of “housing financialisation”, said Kluang MP Liew Chin Tong.
YTL Hospitality REIT 2Q20 NPI up 2.4%, declares 1.92 sen DPU
KUALA LUMPUR (Feb 21): YTL Hospitality Real Estate Investment Trust (YTL REIT) posted a 2.
