CapitaLand Malaysia REIT Buys Second Logistics Property For RM39.7 Million (US$29 Million) May 20, 2023 – CapitaLand Malaysia Trust (CLMT) has agreed to acquire a freehold logistics warehouse located at the Hicom- Glenmarie Industrial Park in Shah Alam, Selangor. The purchase price is RM39.7 million. Read more here.
CLMT’s Quarterly DPU Falls 8.4% on Higher Utility and Interest Costs April 27, 2023 – The manager of CapitaLand Malaysia Trust (CLMT) announced a net property income of RM39.2 million (US$8.8 million) for the quarter ended March 31, 2023 (Q1 2023), up 8.8% from the same period a year ago. The increase was largely driven …
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CapitaLand Malaysia Trust Distributable Income Up 124% for FY 2022 Jan 23. 2023 – CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CapitaLand Malaysia Trust (CLMT), announced a distributable income of RM87.5 million for the year ended Dec 31, 2022 (FY 2022), up 124.1% from the RM39.0 million for FY 2021. Distribution per …
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Mapletree Logistics Trust Divests Two Properties In Malaysia Singapore, Jan 15, 2023 – The manager of Mapletree Logistics Trust (MLT) it has agreed with Sigma Warehousing Sdn Bhd for the proposed divestments of Subang 1 and Chee Wah in Malaysia for a total sale price of MYR50.2 million (approximately S$15.3 million1). Read more here.
CLMT To Acquire Queensbay Mall In Penang For RM990.50 Million (US$210 Million) Nov 9, 2022 – CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CapitaLand Malaysia Trust (CLMT), announced the acquisition of 91.8% of the total strata floor area of retail parcels in Queensbay Mall from its sponsor for RM990.50 million. The acquisition will be …
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Sunway REIT Likely To See Strong Earnings (The Star) July 20, 2022 – (from The Star) Sunway Real Estate Investment Trust (Sunway-REIT) is expected to stage a strong recovery in earnings on the back of higher shopper footfall and tenant sales. Following a virtual meeting with the company, MIDF Research said it gathered that shopper footfall …
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AME REIT Inks 34 SPAs To Acquire Properties From Various AME’s Units (The Star) July 20, 2022 – (from The Star) AME Elite Consortium Bhd said AME Real Estate Investment Trust (REIT) has entered into 34 sale and purchase agreements (SPAs) to acquire various properties from the industrial space solutions provider’s subsidiaries to pave the way …
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Atrium REIT To Raise RM85.3 Million (US$19.2 Million) To Fund Atrium Shah Alam 4 Asset Enhancement (New Straits Times) July 14, 2022 – (from New Straits Times) Atrium Real Estate Investment Trust (REIT) has proposed to raise RM85.3 million via a private placement and a special issuance of units to fund asset enhancement initiatives (AEI) …
KIP REIT Announces Maiden RM79 Million (US$17.8 Million) Industrial Asset Deal (The Star) July 13, 2022 – (The Star) KIP Real Estate Investment Trust (KIP REIT) will buy three industrial properties in Pulau Indah Industrial Park, Port Klang, Selangor, for RM78.7mil, in its maiden acquisition of industrial assets. KIP REIT said in a statement the …
Tower-REIT To Offer Customisable Layouts (The Star) July 13, 2022 – (The Star) Tower Real Estate Investment Trust (Tower-REIT) is offering customisable office layouts for prospective tenants at Menara HLX in Jalan Kia Peng, Kuala Lumpur. In a statement yesterday, Tower-REIT, which owns the building, said it will be offering the highly customisable office layouts …
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