Axis REIT eyes RM190m worth of assets

KUALA LUMPUR (August 13): Axis Real Estate Investment Trust (REIT) hopes to complete RM190 million worth of industrial asset acquisitions by the end of next year, said the trust’s manager.

READ MORE

Sunway REIT declares 2.15 sen DPU, warns property glut is a challenge

KUALA LUMPUR (Aug 10): Even as it endeavours to maintain a 100% payout of its distributable net income in the next fiscal year, Sunway Real Estate Investment Trust has cautioned of the “fundamentally challenging oversupply situation” brought about by tremendous new supply of retail, hotel, and commercial space in the market, exacerbated by lacklustre foreign direct investments and tourism activities.

READ MORE