Fitch Assigns Lippo Malls Indonesia Retail Trust ‘BB’ Final Rating Fitch has assigned Lippo Malls Indonesia Retail Trust (LMIRT) a final Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB’ with Stable Outlook, and a final rating of ‘BB’ to its USD250 million 7.25% senior unsecured notes due in 2024. The bonds are issued by LMIRT’s …
Fitch Assigns Lippo Malls Indonesia Retail Trust ‘BB’ Final RatingRead More »
Axis REIT Announced A 2.35 Sen (US$0.0056) Distribution Per Unit In 3Q Axis REIT announced that its distribution per unit (DPU) hit 2.35 sen in 3Q, almost unchanged from the previous quarter’s 2.36 sen. The REIT also reported that 35 of its 47 properties had a 100% occupancy in 3Q. Total assets under management is …
Axis REIT Announced A 2.35 Sen (US$0.0056) Distribution Per Unit In 3QRead More »
Axis REIT Buys Johor Property For RM65 M (US$15.52M) Axis Real Estate Investment Trust’s trustee, RHB Trustees Berhad has entered into a sale and purchase agreement to acquire a property from Rancak Beta Sdn Bhd for RM65 million. The property is located within the Port of Tanjung Pelepas’ free trade zone, approximately 18 kilometres from …
Axis REIT Buys Johor Property For RM65 M (US$15.52M)Read More »
YTL Corp To Inject UK Properties Worth Over RM1 B (US$240 M) to YTL REIT Next Year (New Straits Times) LONDON: YTL Corp Bhd is preparing to inject its UK properties, estimated to worth over RM1 billion, into its global hospitality real estate investment trusts (YTL Reit) next year. The group, through YTL Hotels & …
