Right time for Tiong Nam to go for warehouse REIT listing
Tiong Nam Logistics Holdings Bhd July 11 (RM1.
Tiong Nam Logistics Holdings Bhd July 11 (RM1.
Malaysian Resources Corp Bhd July 1 (RM1.
KUALA LUMPUR (July 1): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) is buying Menara Shell in KL Sentral from Malaysian Resources Corp Bhd (MRCB) for RM640 million.
KUALA LUMPUR (June 20): Sunway Real Estate Investment Trust (REIT) has bought a tract of land measuring 143,225 sq ft (13,306 sq m) adjacent to its Sunway Carnival Shopping Mall in mainland Penang from its parent Sunway Bhd, for RM17.
KUALA LUMPUR (June 16): AmanahRaya Real Estate Investment Trust (REIT) is acquiring a land together with a four-storey office building in Cyberjaya for RM40 million.
KLANG (May 27): WCT Holdings Bhd is looking to sell off some assets to raise more than RM500 million, the proceeds of which it expects to use to reduce its net gearing to 0.
Al-Salam Real Estate Investment Trust (May 23, 97.
KUALA LUMPUR (May 9): RAM Rating Services Bhd has maintained its negative outlook on the Malaysian residential property sector as well as the office and retail sub-segments in Kuala Lumpur and Selangor this year.
CHECK your risk appetite and start investing as this is as good a time as any to invest in real estate be they physical assets, property stocks or real estate investment trusts (REITs).