IGB REIT occupancy rate remains close to 100%
IGB Real Estate Investment Trust (Aug 3, RM1.
Sunway sells hotel property to Sunway REIT
KUALA LUMPUR (Aug 4): Sunway Bhd is disposing of its Sunway Clio property to Sunway Real Estate Investment Trust (Sunway REIT) as it wants to eliminate any conflict of interest with regard to the property.
IGB REIT's 2Q NPI up 1.6% y-o-y on higher rental income
KUALA LUMPUR (Aug 2): IGB Real Estate Investment Trust's (IGB REIT) net property income (NPI) for the second quarter ended June 30, 2017 (2QFY17) rose 1.
Paramount to sell off schools to nation's first education trust, Alpha REIT
KUALA LUMPUR (Aug 1): Paramount Corp Bhd’s wholly-owned subsidiary plans to dispose off its private and international schools, Sekolah Sri KDU (SSKDU) and Sri KDU International School, to newly-formed Alpha Real Investment Trust (REIT) for RM165 million.
Pavilion REIT 1HFY17 below expectations
Pavilion Real Estate Investment Trust (July 28, RM1.
PKNS delays REIT plan to 2019
KUALA LUMPUR (July 31): The Selangor State Development Corp, better known as PKNS, has postponed its initial target of establishing a real estate investment trust via its property investment unit PKNS Real Estate Sdn Bhd (PKNS RE) by 2018 to 2019, while it continues to look for good buys to raise PKNS RE’s total asset value to RM1 billion.
PavREIT to raise RM370.6m to fund RM580 mil Pavilion Elite buy
KUALA LUMPUR (July 28): Pavilion Real Estate Investment Trust (PavREIT), which inked an agreement to buy Pavilion Elite Mall for RM580 million, is planning a private placement to raise RM370.
Axis REIT 2Q core net earnings within expectations
Axis Real Estate Investment Trust (July 25, RM1.
Axis REIT’s net property income increases 1.8% in 2Q, declares 2.17 sen DPU
KUALA LUMPUR (July 25): Axis Real Estate Investment Trust’s (Axis REIT) net property income grew marginal to RM36.
