CapitaLand Mall Trust remains DBS’s mall owner of choice
SINGAPORE (July 27): DBS Vickers Securities is keeping its “hold” call on CapitaLand Mall Trust (CMT) with a higher target price of S$2.
Tiong Nam has business expansion plans on the cards
Tiong Nam Logistics Holdings Bhd(July 25, RM1.
Greenland and Amare announce first tranche of six hotels in possible REIT listing
ON July 1, China’s biggest state-owned developer, Greenland Group, and Amare Investment Management Group announced that they would be injecting an initial tranche of six hotels worth S$1.
UOA REIT’s 2Q distributable income flat
KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT) said its total income available for distribution slipped 3.
CMMT’s share price and earnings soar even as competition intensifies
KUALA LUMPUR (July 20): CapitaLand Malaysia Mall Trust (CMMT) share price hit a one-year high of RM1.
Sizing up SC’s proposed changes to REIT rules
REAL estate investment trusts (REITs), as prospective property buyers, not only provide a new source of deals but is also an avenue for banks to cut property-related lending exposure as developers raise cash from property disposals to relieve their stretched balance sheets.
Five reasons to NOT participate in EC World REIT’s IPO
SINGAPORE (July 19): Religare is recommending investors “do not participate” in the upcoming Singapore initial public offering (IPO) for EC World REIT, citing a number of downside risks.
Ekovest to keep EkoCheras Mall for planned REIT, says chairman
KUALA LUMPUR (July 19): Ekovest Bhd does not intend to sell its EkoCheras Mall as it plans to keep it for recurring income and to group it with other properties that provide recurring income, like the group’s RM4 billion River of Life project, to form a real estate investment trust (REIT), said its executive chairman Tan Sri Lim Kang Hoo (pictured).
SC’s proposed new guidelines will not impact REITs in the near to medium term
Real estate investment trust sector Maintain neutral: Last Thursday, the Securities Commission Malaysia (SC) released several proposed enhancements to Malaysia’s guidelines on real estate investment trusts (REITs) seeking public feedback.
Is there more upside for REITs on expectation of another rate cut?
CONTRARY to the expectation of most economists, Bank Negara Malaysia cut the overnight policy rate (OPR) by 25 basis points to 3% last Wednesday, following its counterparts from Indonesia, Singapore and Taiwan.
