News about reit

  PETALING JAYA (Sept 29): Property investors should consider diversifying their portfolio into alternative assets such industrial properties, offices and shops, rather than concentrating all their investments in a single type of property, according Axis REIT Managers Bhd head of investment Siva Shanker.

KUALA LUMPUR (Sept 27): KIP Real Estate Investment Trust (REIT) said it has options on the table to acquire more third-party ready assets, upon the successful addition of its first external asset, AEON Mall Kinta City in Ipoh, Perak to its portfolio.

IGB Real Estate Investment Trust(Sept 25, RM1.

Real estate investment trust sector Maintain neutral: There are no surprises for 2QCY18 earnings for  real estate investment trusts (REIT).

PETALING JAYA (Sept 6): Menara UOA Bangsar interim MC President Datuk Satharuban Sivasubramaniam has urged the management committees of other mixed developments owned by UOA Real Estate Investment Trust (UOA Reit) to take heed of the Menara UOA Bangsar case as he believes the fund has similar practices in managing its other properties as well.

YTL Hospitality REIT (Sept 5, RM1.

PETALING JAYA (Sept 4): UOA Real Estate Investment Trust (UOA REIT) is considering forming  sub-management committees (sub-MCs) for properties held under UOA REIT as this will allow the different components in mixed developments to operate independently and avoid potential disputes.

PETALING JAYA (Sept 3): The former management committee of Menara UOA Bangsar was instructed by Dewan Bandaraya Kuala Lumpur's Commissioner of Buildings (COB) to resume their duty as interim caretakers of the building for two months, according to Henry Butcher Malaysia (Mont Kiara) Sdn Bhd executive director Low Hon Keong.

KUALA LUMPUR (Aug 29): KIP Real Estate Investment Trust (KIP REIT) is buying the Aeon Mall Kinta City, a four-storey building, 60,230 sq m property in Jalan Teh Lean Swee, Ipoh, Perak for RM208 million cash.

PETALING JAYA (Aug 22): The management committee (MC) of Menara UOA Bangsar (pictured) has been “paralysed” by the resignation of seven out of its nine members, reported The Star.