Pavilion REIT reports 9% increase in 1Q 2025 income amid retail sector growth
Pavilion REIT has reported its performance for the first quarter of 2025. The REIT’s income before taxation rose 9% to…
Pavilion REIT secures unitholder approval for MYR480 million hotels acquisition
Pavilion REIT has received the green light from unitholders to proceed with its MYR480 million (USD112 million) acquisition of two…
Pavilion REIT reports higher revenue but lower profit amid increased costs
Pavilion REIT posted higher revenue for the fourth quarter ended 31 December 2024, driven by increased rental income and contributions…
Pavilion REIT acquires two Kuala Lumpur Hotels in MYR480 million deal
Pavilion REIT has unveiled plans to acquire two landmark hospitality assets, the Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel…
Pavilion REIT reports 19% rise in net income for 2Q 2024 on new revenue
Pavilion REIT disclosed on 17 July that it has recognised total gross revenue of MYR201.3 million in 2Q 2024. This…
Pavilion REIT prices placement units in bid to raise MYR720 million
Pavilion REIT has priced the units it will issue for its private placement, and looks set to carry out the…
Pavilion REIT to raise up to MYR1.27 billion for mall acquisition
Pavilion REIT is seeking to raise up to MYR1.27 billion via a private placement exercise to fund the acquisition of…
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…
Pavilion REIT expects tougher 2018 amid Malaysian property freeze
Pavilion REIT has indicated that it expects 2018 to be an operationally tougher year compared to 2017, amid an impending…
Pavilion REIT receives nod to list 218 million new units
Pavilion REIT has received approval from Securities Commission Malaysia to list up to 218 million new units on the main…