KIP REIT’s net property income rises 41% in 2Q
KUALA LUMPUR (Jan 17): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41% in the second quarter ended Dec 31, 2019 (2QFY2020) to RM14.
YTL Hospitality REIT's FY20-21 earnings to grow 9%, says Affin Hwang
KUALA LUMPUR (Dec 31): Affin Hwang Capital Research forecasts YTL Hospitality Real Estate Investment Trust (YTL REIT) to grow its distributable financial year 2020-2021 earnings (FY20-21E) by 9% year-on-year, driven by higher contributions from Green Leaf Niseko Village, JW Marriott KL and Brisbane Marriott Hotel, and lower financing cost for its Australian dollar borrowings.
TA Securities: Possible privatisation of Tiong Nam in 2020
KUALA LUMPUR (Dec 30): TA Securities Holdings Bhd said today Malaysia's corporate actions in 2020 may include the privatisation of Tiong Nam Logistics Holdings Bhd by major shareholders based on the company's financial position, future cash requirement besides share price and public shareholding spread.
Atrium REIT buys Shah Alam factory from PNB for RM45m
KUALA LUMPUR (Dec 28): Atrium Real Estate Investment Trust (Atrium REIT) has acquired a factory building in Shah Alam from Permodalan Nasional Bhd (PNB) for RM45 million cash.
Axis REIT to buy Bukit Raja property for RM37m
KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.
Qatar Investment Authority sells 74m Pavilion REIT units for RM125.8m: Report
KUALA LUMPUR (Dec 10): Qatar Investment Authority (QIA) has sold 74 million units in Pavilion Real Estate Investment Trust (REIT) for RM125.
Axis REIT hungry for more assets
KUALA LUMPUR (Dec 9): Axis Real Estate Investment Trust (REIT) is in talks with several parties on buying more assets, a clear indication that it does not intend to slow down in its acquisition spree.
YTL Hospitality REIT 1Q NPI up 11%, declares 1.96 sen dividend
KUALA LUMPUR (Nov 27): YTL Hospitality Real Estate Investment Trust’s (YTL REIT) net property income (NPI) grew 11.
MRCB-Quill REIT 3Q net profit falls 14.3% on lower revenue
KUALA LUMPUR (Nov 25): MRCB-Quill REIT's (MQREIT) net profit for the third quarter ended Sept 30, 2019, fell 14.
IGB’s new commercial REIT plan stirs excitement
KUALA LUMPUR (Nov 25): IGB Bhd’s announcement that it is going to spin-off its commercial properties into a real estate investment trust (REIT) is a pleasant surprise and marks a step closer to realise the group’s fair value, analysts say.
