News about reit

KUALA LUMPUR (March 1): KIP Real Estate Investment Trust (KIP REIT) chief financial officer (CFO) Chan Heng Wah has been promoted to chief executive officer (CEO) of the company effective immediately.

KUALA LUMPUR (Feb 28): Sunway Construction Group Bhd’s (SunCon) unit has been appointed the project delivery partner for the expansion of a nine-storey commercial development to the existing Sunway Carnival Mall in Seberang Jaya, Penang.

KUALA LUMPUR (Feb 22): Azlan Baqee Abdullah has been appointed as the new chief operating officer (COO) of AmFIRST Real Estate Investment Trust (AmREIT).

KUALA LUMPUR (Feb 21): Al-Aqar Healthcare Real Estate Investment Trust's (Al-Aqar REIT) net income rose 87% year-on-year to RM48.

KUALA LUMPUR (Feb 15): Amanahraya Real Estate Investment Trust (REIT)’s distribution per unit (DPU) for the fourth quarter ended Dec 31, 2017  (4QFY17) fell 5.

KUALA LUMPUR (Feb 14): Property investment group Goldis Bhd — which is in the midst of a takeover of IGB Corp Bhd — revealed that its fourth-quarter (4Q) net profit tripled year-on-year (y-o-y), thanks to better performance of its retail property investments and a disposal gain.

KUALA LUMPUR (Feb 8): Atrium Real Estate Investment Trust (REIT) closed its fourth quarter ended Dec 31, 2017 (4QFY17) with a net property income of RM4.

Maintain outperform with a higher target price (TP) of RM1.

KUALA LUMPUR (Feb 7): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) grew 10% year-on-year (y-o-y) to RM103.

KUALA LUMPUR (Jan 30): KIP REIT Management Sdn Bhd chief executive officer (CEO) Lim Han Gie has opted not to extend his contract, and will retire from the position tomorrow (Jan 31) at 60 years old.