Malaysia’s BCorp Plans To Set Up Hospitality REIT (The Sun Daily) July 16, 2021 – Berjaya Corporation Bhd (BCorp) is eyeing to establish a hospitality real estate investment trust (REIT) in the long run, which focuses only on five-star hotels owned by the group instead of those it operates, said group chief executive officer (CEO) […]
Malaysia’s BCorp Plans To Set Up Hospitality REIT (The Sun Daily) Read More »
Sunway REIT Unit Picks OCBC To Coordinate RM10 Billion (US$2.4 Billion) Debt Note (The Star) June 24, 2021 – Sunway REIT unit has mandated OCBC Bank (Malaysia) Bhd to coordinate its RM10bil debt note programme. SunREIT Unrated Bond Bhd (SUB), which is a special purpose vehicle incorporated for the fundraising on behalf of Sunway REIT,
Hektar REIT Posts RM 26.78 Million (US$6.46 Million) in Revenue in Q1 2021 May 26, 2021 – Malaysia’s Hektar Real Estate Investment Trust announced that it has recorded revenue of RM26.78 million (US$6.46 million), which is 12.8% lower than the RM30.71 million (US$7.41 million) recorded in the same quarter of the preceding year. The reported revenue fell
Hektar REIT Posts RM 26.78 Million (US$6.46 Million) in Revenue in Q1 2021 Read More »
Footfall at Pavilion REIT’s Malls at More Sustainable Levels (The Malaysian Reserve) April 8, 2021 – Analysts are turning more positive on the outlook for Pavilion Real Estate Investment Trust’s (REIT) malls as shopper volume has seen a pick-up despite closed borders. RHB Investment Bank Bhd (RHB Research) noted the uptick in volume points to
Footfall at Pavilion REIT’s Malls at More Sustainable Levels (The Malaysian Reserve) Read More »
Thai REITs Tipped to Offer 10 to 15% Returns This Year (The Bangkok Post) April 6, 2021 – Real estate investment trusts (REITs) and infrastructure funds are likely to offer attractive returns of around 10-15% this year, bolstered by the reopening of international travel and the prospects of higher hotel occupancy rates, says Win Phromphaet,
Thai REITs Tipped to Offer 10 to 15% Returns This Year (The Bangkok Post) Read More »
Axis REIT Announces Acquisition Plans For Johor Property March 16, 2021 – Axis REIT announced in a disclosure that they have entered into a sale and purchase agreement with Xin Hwa Trading & Transport Sdn. Bhd. to acquire a property. The total lump sum cash consideration is RM75 million (US$18.24 million). The subject Property is located
Axis REIT Announces Acquisition Plans For Johor Property Read More »
Sunway REIT Reports 43.4% Y-o-Y Decline in Net Property Income For Q2 2021 February 12, 2021- Sunway REIT Management Sdn. Bhd., the Manager of Sunway Real Estate Investment Trust (Sunway REIT), is pleased to announce its financial results for the second quarter ended 31 December 2020. Sunway REIT announced a gross revenue of RM95.8 million
Sunway REIT Reports 43.4% Y-o-Y Decline in Net Property Income For Q2 2021 Read More »
Sentral REIT DPU Up 4.1% In 2020 January 20, 2021 – Sentral REIT announced that it has achieved a realised net income of RM20.61 million (US$5.1 million) for the fourth quarter of 2020, 10.8% higher than the realised net income of RM18.61 million (US$4.6 million) recorded for the fourth quarter of 2019. This will translate
Sentral REIT DPU Up 4.1% In 2020 Read More »
AME Elite To Establish And List AME REIT On Bursa Malaysia (New Straits Times) December 2, 2020 – AME Elite Consortium Bhd has proposed to establish and list an industrial real estate investment trust (AME REIT) on the Main Market of Bursa Malaysia Securities Bhd. The leading integrated industrial space solutions provider said the investment
AME Elite To Establish And List AME REIT On Bursa Malaysia (New Straits Times) Read More »
Petronas To Extend KLCC REIT Lease By 15 Years November 20, 2020 – KLCC REIT Management Sdn announced that Petroliam Nasional Berhad (Petronas) decided to extend the leases of Menara 3 Petronas and Petronas Twin Towers of KLCC REIT for a further term of fifteen (15) years upon the expiry of the current term of
Petronas To Extend KLCC REIT Lease By 15 Years Read More »