News about reit

KUALA LUMPUR (Oct 26): Pavilion Real Estate Investment Trust's (Pavilion REIT) net property income (NPI) dropped 3.

KUALA LUMPUR (Oct 26): Bursa Malaysia is hopeful that its newly launched Real Estate Investment Trust (REIT) Index will spur the listing of more diverse products in the future, such as alternative REITs and exchange-traded funds (ETFs) among others.

Axis Real Estate Investment Trust (Oct 24, RM1.

KUALA LUMPUR (Oct 24): Axis Real Estate Investment Trust (REIT) has announced a net property income (NPI) of RM35.

KUALA LUMPUR (Oct 13): Sunway Real Estate Investment Trust (SunREIT) said its trustee RHB Trustees Bhd has subscribed to its substantial unitholder Sunway Bhd's one-month commercial paper that carries a nominal value of RM60 million.

Sunway Bhd (Oct 11, RM1.

KUALA LUMPUR (Oct 11): Sunway Real Estate Investment Trust’s (Sunway REIT) proposed acquisition of Sunway Clio Property from Sunway Bhd for RM340 million is fair and reasonable, and not detrimental to the minority shareholders, says independent adviser AmInvestment Bank Bhd.

PETALING JAYA (Oct 5): Forest City in Johor will not suffer from low occupancy in the long term, owing to the incoming high-speed rail and the job opportunities being created within the region, said Country Garden Pacificview Sdn Bhd president and chief strategy officer Dr Yu Runze.

KUALA LUMPUR (Oct 4): Al-Salam Real Estate Investment Trust (REIT), via its trustee Amanahraya Trustees Bhd, is planning to buy the Mydin hypermarket in Gong Badak, Terengganu, for RM155 million.

IGB Real Estate Investment Trust (Sept 27, RM1.