KIP REIT could offer above-average yield of 8%, Apex Securities says in initiating coverage
KIP REIT owns 10 retail malls and four industrial assets worth RM1.
Axis REIT acquires warehouse in Port Klang for RM80m
The single-storey detached warehouse comes with an annexed double-storey office, as well as a 1½-storey detached warehouse and other ancillary buildings, which were built upon a portion of leasehold land.
Hong Leong Bank chairman Quek Leng Chan no longer substantial unitholder of AME REIT
Following the sale, the Hong Leong Bank Bhd (KL:HLBB) chairman's interest in the industrial-focused REIT is estimated to have fallen to 23.
Axis REIT to distribute The Annex sale gains through FY2025; 2Q income up 20%
Axis REIT's net income rose to RM46.
IGB’s REITs post higher 2Q NPIs on higher rental income
IGB REIT declared a distribution per unit (DPU) of 2.
KIP REIT sees earnings stabilising after 24% jump in FY2025
The improved earnings were mainly driven by the contribution from its seven KIPMalls and its four industrial properties, as well the newly bought D'pulze Shopping Centre and TF Value-Mart.
AME REIT's net property income up 11.5% on new acquisitions, higher rental rates
As at June 30 this year, AME REIT’s portfolio comprises 39 investment properties, including 36 industrial properties with a total agreed lettable area of 2.
Improved occupancies lift UOA REIT’s 2Q net rental income; declares higher distribution
UOA REIT expects office space demand to improve gradually, supported by its completed and ongoing asset enhancement initiatives aimed at revitalising older buildings through 2025.
CapitaLand Malaysia Trust raises RM250 mil from placement of new units
The units were priced at 61 sen apiece with 409.
.jpg)
Pavilion REIT’s 2Q net property income up 8%, but flags margin pressure
The trust, which mainly manages retail and hospitality assets, declared an interim income distribution of 0.
