KLCC REIT reports rise in revenue despite COVID-19 restrictions
KLCC REIT has reported a revenue of MYR280.2 million for its 2Q 2021, an increase of 4.8% year-on-year. Meanwhile, profit…
CapitaLand’s Malaysia REIT receives nod to expand investment mandate
CapitaLand’s Malaysia REIT has received the nod it needed to expand its investment mandate.
Hektar REIT expects further gloom ahead after revenue fell 12.8% in 1Q 2021
Hektar REIT recorded revenue of MYR26.78 million for its 1Q 2021, 12.8% lower than the MYR30.71 million recorded in the…
Axis REIT eyes MYR135 million in acquisitions for 2021, but dips in profit expected
Malaysia-listed Axis REIT is eyeing an acquisition pipeline of about MYR135 million.
Maybank lowers Al-Salam REIT’s earnings estimate amid retail woes
The lack of visitors into Johor Bahru has severely impacted Al-Salam REIT’s flagship asset in the city, and this would…
Sentral REIT reports higher DPU for 2020 on lower costs
Malaysia-listed Sentral REIT has reported distribution per unit (DPU) 7.08 sen for its FY2020, which is 4.1% higher compared to…
Malaysian retail REITs will see uneven impact to 2021 DPU from fresh MCO
Malaysian REITs with retail assets are expected to lose an average of a month in rental income, given the latest…
AME seeks to list industrial REIT on Bursa Malaysia
Malaysian engineering and construction firm AME Elite Consortium Berhad (AME) has indicated its intention to list an industrial REIT on…
Tower REIT sees strong demand for office spaces despite COVID-19 headwinds
Despite the increasing prevalence of work-from-home (WFH) arrangements, Tower REIT has struck an optimistic note with regards to demand for…
UOA REIT to raise MYR280 million for office tower acquisition
Malaysia-listed UOA REIT has entered into a conditional sale and purchase agreement to acquire UOA Corporate Tower, which is located…