"Earnings for retail REIT will continue to be supported by positive rental reversion as the retail industry remains buoyant with strong shopper footfalls at malls," said MIDF, which has six REITs under its coverage.
In a bourse filing on Thursday, the trust said Pacific Trustees Bhd, acting as its trustee, has entered into four separate sale and purchase agreements (SPAs) for the acquisitions.
This partnership follows the success of two CLQ projects in Ipoh.
KL’s industrial market saw completions in 1H2024 with approximately 1.
The land is situated right next to the land area that Paragon Globe has been accumulating over the past few months.
NCT Smart Industrial Park is a 732-acre industrial park with a gross development value of RM10 billion.
The Sikamat Industrial Park aims to accommodate a diverse range of industries that offers modern infrastructure, strategic connectivity and a business-friendly environment, said GD Group in a statement.
“International orders are coming in fast.
The contract, which was awarded by VED Engineers Sdn Bhd to the group's wholly-owned subsidiary Minetech Construction Sdn Bhd, commenced on June 28, 2024 and is slated for completion within three months, Minetech said in a bourse filing on Friday.
The facility will have a floor area of 166,300 square feet and will be located beside the current ViTrox Campus 3.
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