KUALA LUMPUR (April 20): Hektar Real Estate Investment Trust (REIT) founder and chief executive officer (CEO) Datuk Jaafar Abdul Hamid will be resigning as the CEO of its management company Hektar Asset Management Sdn Bhd (HAM) on May 1.
INVESTORS are showing interest in real estate investment trusts (REITs) again, judging by the recent increase in their market capitalisation.
KUALA LUMPUR (April 13): KLCCP Stapled Group, which comprises units in KLCC real estate investment trust (REIT) stapled together with the shares of KLCC Property Holdings Bhd, expects a 1% to 2% revenue increase in the current financial year ending Dec 31, 2016 (FY16), as it adds 45,000 sq ft of office space to its office rental income.
KUALA LUMPUR (April 13): MRCB-Quill Real Estate Investment Trust (MQREIT) does not expect to be significantly affected by the current office space oversupply, as only 7% of its net lettable area (NLA) will be up for renewal in July.
Malaysian real estate investment trust (M-REIT) sector Maintain overweight: We currently maintain “overweight” on the sector and continue to prefer retail M-REITs (Pavilion REIT and IGB REIT) over non-retail or diversified M-REITs.
IGB Real Estate Investment Trust (April 6, RM1.
KUALA LUMPUR (April 6): IGB Real Estate Investment Trust (IGB REIT) closed in negative territory yesterday on a knee-jerk reaction from investors to news that one of its properties here was involved explosions.
SHAH ALAM (April 6): Fresh from completing two major asset purchases recently for RM646.
KUALA LUMPUR (April 1): Prasarana Malaysia Bhd, which targets to turn profitable in the second half of next year, said it is looking at spinning off some of its assets into a real estate investment trust (REIT) and pare down its debt.
MRCB-Quill Real Estate Investment Trust (REIT) (March 30, RM1.
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