REITs expected to be active in greenfield, brownfield projects
Real estate investment trust sector Maintain neutral: There are no surprises for 2QCY18 earnings for real estate investment trusts (REIT).
Individual owners of Menara UOA Bangsar warn of possible opacity in management of UOA Reit properties
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.
UOA REIT mulls formation of sub-MCs at its properties to avoid disputes
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.
Menara UOA Bangsar former management committee resumes duty as temporary caretaker
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.
KIP REIT buys Aeon Mall Kinta City, Ipoh for RM208m
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.
Menara UOA Bangsar management committee ‘paralysed’ by resignations, says report
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.
MQREIT sees 4.48% traded off-market
KUALA LUMPUR (Aug 21): MRCB-Quill REIT (MQREIT) saw 48 million of its units cross off-market today.
YTL REIT’s Niseko Village buy seen with good earnings visibility
YTL Hospitality REIT (Aug 15, RM1.
KLCCP Stapled Group's 1H net profit rises to RM414.89 mil
KUALA LUMPUR (Aug 15): KLCCP Stapled Group (KLCCP), comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, posted a higher net profit of RM414.
