Top 58 REITs (Real Estate Investment Trusts) Latest News Alerts.
NEW DELHI: Indian hospital operator Fortis… - (7 Sep 2010)
NEW DELHI: Indian hospital operator Fortis Healthcare is looking to list a real estate investment trust in Singapore in the next six months to house its property assets and is looking at a valuation of US$600mil to US$700mil, said a senior company executive, who asked not to be named.
Fortis eyes REIT listing in S'pore - (7 Sep 2010)
NEW DELHI: Indian hospital operator Fortis Healthcare is looking to list a real estate investment trust (REIT) in Singapore in the next six months to house its property assets and is lookin
Parkway not hit by takeover costs - (6 Sep 2010)
PETALING JAYA: There are sufficient free cash flows from Parkway Holdings Ltd to service the debt that has been taken up to finance its takeover by Khazanah Nasional Bhd, bankers familiar with the deal explained.
RM500m potential assets for AHP - (6 Sep 2010)
AHP now has a total of RM142.3 million worth of assets, including Plaza VADS and Bangunan AHP in Taman Tun Dr Ismail in Kuala Lumpur.
More assets are coming to AHP because PNB Commercial Sd
FBSM sells land to AmFirst REIT - (3 Sep 2010)
FBSM Holdings Bhd, an information technology service and systems provider, is selling a plot of land with a five-storey office building in Cyberjaya to AmFirs t Real Estate Investment Trust for RM51.5
FSBM to sell, land office for RM51m - (3 Sep 2010)
KUALA LUMPUR: FSBM Holdings Bhd plans to dispose of a piece of freehold land with a five-storey office building in Cyberjaya, known as FSBM Plaza, to AmFirst Real Estate Investment Trust for RM51.5mil.
SunCity to raise stake in Sunway Lagoon - (3 Sep 2010)
KUALA LUMPUR: Sunway City Bhd (SunCity) plans to acquire 45% stake in Sunway Lagoon Sdn Bhd for RM128.6mil cash.
AmanahRaya poised to have third biggest REIT - (3 Sep 2010)
AMANAHRAYA Real Estate Investment Trust (ARREIT) (
5127) expects to become the country's thir
assets set to hit RM1.8bil next year - (3 Sep 2010)
KUALA LUMPUR: Amanah Raya Real Estate Investment Trust (ARREIT), Malaysiaâs fourth largest real estate investment trust (REIT), expects its assets to grow to RM1.8bil next year with its planned acquisition of more assets.
PKNS picks RM10b projects for REIT plan - (2 Sep 2010)
SELANGOR State Development Corp (PKNS) has identified 16 high-profile projects worth RM10 billion for future injection into its real estate investment trust (REIT), its chief said.
PKNS gener
FSBM to sell assets for RM51.5m - (2 Sep 2010)
FSBM Holdings Bhd plans to dispose of apiece of freehold land with a five-storey office building, known as FSBM Plaza,to AmFirst Real Estate Investment Trust for RM51.5 million.
In an announ
expects to grow assets to RM1.8bil next year - (2 Sep 2010)
KUALA LUMPUR: Malaysia's fourth largest Real Estate Investment Trust (REIT), Amanah Raya Real Estate Investment Trust (ARREIT), expects its assets to grow 40% to RM1.8bil next year from RM1bil currently.
AmanahRaya REIT assets to grow 40pc - (2 Sep 2010)
Malaysia's fourth largest Real Estate Investment Trust (REIT), Amanah Raya Real Estate Investment Trust (ARREIT), expects its assets to grow 40 per cent to RM1.8 billion next year from RM1 billion cur
Axis-REIT in talks to buy stake in Philippine firm - (1 Sep 2010)
AXIS-REIT Managers Bhd (
5106) is looking into expanding its real estate investment trust (RE
Axis-REIT private placement oversubscribed - (1 Sep 2010)
The private placement of 68.82 millionnew units of Axis Real Estate Investment Trust (Axis-REIT) has been oversubscribed.
In a statement here today, Axis REIT Managers Bhd said the private p
industry - (31 Aug 2010)
PETALING JAYA: Selangor State Development Corp (PKNS) will be signing a series of agreements to mark its entry into the real estate investment trust (REIT) industry.
YTL Land going global - (28 Aug 2010)
TAN Sri Francis Yeoh has great entrepreneurial spirit and is fully behind the Governmentâs plan to improve the country through innovation and technology.
An upside in the office market - (28 Aug 2010)
A DROP in the capital value of office buildings from their previous highs is attracting higher interest among investors looking for potential value upside and good rental income streams, say property consultants.
A wide palette for investors - (28 Aug 2010)
WITH a sprawling business empire involved in power, utilities, cement, construction, real estate, information technology and leisure, this probably makes YTL group of companies one of the countryâs largest family-owned conglomerates.
ARMB eyes RM200m commercial assets - (26 Aug 2010)
AXIS REIT Managers Bhd (ARMB) plans to buy a cluster of commercial assets worth more than RM200 million in Petaling Jaya and Shah Alam to expand its portfolio.
Chief executive officer Stewart
proposes to buy Tesco JB complex for RM75.6mil - (25 Aug 2010)
KUALA LUMPUR: Axis Real Estate Investment Trust (Axis-REIT) has proposed to acquire the Tesco JB hypermarket complex for a total lump-sum cash consideration of RM75.6mil from Bukit Indah (Johor) Sdn Bhd.
Axis-REIT eyes Tesco JB - (25 Aug 2010)
AXIS Real Estate Investment Trust (Axis-REIT) has proposed to buy Tesco JB Property for RM75.6 million from Bukit Indah (Johor) Sdn Bhd.
The two-storey hypermarket complex stands on a 422,3
Axis-REIT to acquire Tesco JB for RM75m - (24 Aug 2010)
Axis Real Estate Investment Trust (Axis-REIT) proposed to acquire the Tesco JB Hypermarket Complex for a total lump sum cash consideration of RM75.6 million from Bukit Indah (Johor) Sdn Bhd.
Th
PNB Commercial sees double-digit growth this year - (23 Aug 2010)
PNB Commercial Sdn Bhd, which manages RM1 billion worth of assets, expects topline growth to be in the teens this year.
In 2009, both revenue and profit grew by 22 per cent over 2008.
YTL's revenue soars past RM16b - (20 Aug 2010)
YTL attributed the results to higher operating income, better contributions from associates and a one-off deferred tax charge enjoyed by its British outfit, Wessex Water Ltd, a year ago.
For
First time in YTL history revenue exceeds RM16bil; boost for profit - (20 Aug 2010)
KUALA LUMPUR: Conglomerate YTL Corp Bhdâs last-quarter net profit climbed to RM118mil from RM47mil in the previous corresponding period, as revenue jumped to RM4.6bil against RM3.5bil previously.
YTL revenue exceeds RM16b in H1 - (19 Aug 2010)
YTL Corporation Bhd announced today that its revenue exceeded the RM16 billion mark for the first time in its financial year ended June 30, 2010.
The integrated infrastructure conglomerate reco
PNB primed for KL Golden buys - (17 Aug 2010)
Permodalan National Bhd's (PNB) asset management unit is in talks to buy commercial buildings in the heart of Kuala Lumpur as it seeks to provide assets for its property trust.
PNB Commercial
REIT managers propose new tax incentives - (12 Aug 2010)
THE Malaysian REIT Managers Association (MRMA) has proposed a new set of incentives to enhance the existing tax concessions for real estate investment trusts (REITs).
The current tax concession
AmFIRST REIT nets RM25 revenue in Q1 - (11 Aug 2010)
AmFIRST Real Estate Investment Trust (AmFIRST) has registered a revenue of RM25.11 million for its first quarter ended June 30, 2010, up by 6.17 per cent from RM23.65 million in the same quarter last
vs direct real estate investment - (7 Aug 2010)
INVESTING in real estate can be tricky.
Hektar REIT: Buy, fair value price RM1.23 - (6 Aug 2010)
AMRESEARCH Sdn Bhd has maintained a "buy" call on Hektar REIT Bhd's (
5121) due to its future
Hektar REIT Q2 net income up 3.2pc - (4 Aug 2010)
Hektar Real Estate Investment Trust's (Hektar REIT) net income for the second quarter ended June 30, 2010 rose by 3.2 per cent to RM9.1 million, or 2.85 sen per unit.
Its revenue rose by 1.6
Parkway â an expensive investment with good potential - (31 Jul 2010)
WITH Khazanah Nasional Bhd potentially forking out a whopping S$3.5bil (RM8.2bil) to acquire all the shares in Singaporeâs Parkway Holdings Ltd they donât already own, is it getting its moneyâs worth?
QCT records higher pretax profit for 1H - (29 Jul 2010)
Quill Capita Trust (QCT), a real estate investment trust (REIT), has recorded a higher pre-tax profit of RM16.443 million in the first six months ended June 30, 2010, compared to RM15.44 million
, says CEO - (29 Jul 2010)
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) will consider injecting some of its properties into a real estate investment trust (REIT) as part of the companyâs growth strategy, said chief executive officer Mohamed Razeek Hussain.
Maybank bullish on investment banking - (28 Jul 2010)
MALAYAN Banking Bhd (Maybank) (
1155) expects to see a 50 per cent rise in the value of its
s - (28 Jul 2010)
KUALA LUMPUR: The two major real estate investment trusts (REITs) listed on Bursa Malaysia this month - Sunway Real Estate Investment Trust (SunREIT) and CapitaMalls Malaysia Trust (CMMT), may have boosted the profile of Malaysian REITs (MREITs) and capture the attention of local and foreign investors, but size does no
RHB Invest buys 30.6m Sunway REIT shares - (27 Jul 2010)
RHB Investment Bank Bhd, the appointed price stabiliser for Sunway Real Estate Investment Trust Bhd (Sunway REIT) (
QSR buys 1.95m units of KPJ REIT - (22 Jul 2010)
QSR Brands Bhd has bought some 1.95 million units of KPJ REIT for RM2.01 million from the open market.
The reason for the purchase was because QSR has a better return on investment of roug
RM10.7bil expected to be raised from capital markets - (22 Jul 2010)
KUALA LUMPUR: Some RM10.7bil are expected to be raised this year from the capital markets through initial public offerings (IPOs), private debt securities and sukuk issuances.
units - (22 Jul 2010)
PETALING JAYA: QSR Brands Bhd has acquired 1.947 million units in KPJ Real Estate Investment Trust (REIT) from the open market on July 20 for about RM2.012mil.
sets new industry benchmark - (22 Jul 2010)
PETALING JAYA: Sunway REIT, which made its debut on Bursa Malaysia on July 8, has set a new industry benchmark in the local real estate investment trust (REIT) market (M-REIT) by adopting best practices in its business model, market disclosure and corporate governance practices.
En route to HK listing - (22 Jul 2010)
Hong Kong-based Far East Consortium International Ltd (FEC) plans to include all five Malaysian hotels in a planned listing of its unit on the main board of the Hong Kong Stock Exchange, sources say.
Interest in Malaysia's IPOs remains steady - (22 Jul 2010)
This compares with a total of 12 IPOs approved in 2009. In terms of listing, there have been 13 companies listed so far this year, as opposed to 14 in 2009.
The three approved IPOs this quart
SC expects RM10.7b to be raised in Q2 - (21 Jul 2010)
The Securities Commission (SC) expects RM10.7 billion to be raised from the capital market in the second quarter (Q2) through initial public offerings (IPOs), private debt securities (PDS) and sukuk (
Axis REIT Managers on buying spree - (21 Jul 2010)
AXIS REIT Managers Bhd (ARMB) (
5106) targets to manage some US$500 million (RM1.6 billion) w
to raise RM132mil - (21 Jul 2010)
KUALA LUMPUR: Axis REIT Managers Bhd (ARMB), the manager of the worldâs first office/industrial Islamic real estate investment trust (REIT), plans to raise RM132mil next month as part of its capital management process, said chief executive officer/executive director Stewart LaBrooy.
QSR Brands buys 1.95m KPJ REIT shares - (21 Jul 2010)
OSR Brands Bhd has acquired 1.947 million shares in KPJ REIT from the open market for RM2.012 million.
In a filing to Bursa Malaysia today, it said the purchase was funded by internally
posts rise in Q2 net profit - (20 Jul 2010)
PETALING JAYA: Axis Real Estate Investment Trust (Axis REIT), which owns mostly industrial properties, has posted a 74.51% rise in net profit to RM21.87mil for the second quarter ended June 30, compared with the same quarter a year ago.
Axis REIT Q2 profit soars as property value jumps - (20 Jul 2010)
AXIS Real Estate Investment Trust says its second quarter net profit almost doubled due to the higher value of its properties.
Axis REIT (
s should be the choice of investment - (19 Jul 2010)
KUALA LUMPUR: Real estate investment trusts (REITs) offer many advantages to investors who are keen to invest in the property market.
Lower debut for CMMT - (17 Jul 2010)
KUALA LUMPUR: Shares of CapitaMalls Malaysia Trust (CMMT), the largest â pure-playâ shopping mall real estate investment trust (REIT) in Malaysia, closed lower yesterday on its trading debut on Bursa Malaysiaâs main market at 98 sen, 2 sen lower than its institutional price of RM1 but at par with its retail price.
Cautious optimism on regional markets - (10 Jul 2010)
KUALA LUMPUR: Officials at the listing of the countryâs first offshore invested exchange traded funds (ETFs) are cautiously optimistic of the performance of the regionâs markets despite the current volatility.
attracts huge foreign funds - (9 Jul 2010)
KUALA LUMPUR: Sunway Real Estate Investment Trust (REIT), the largest property trust in Asia excluding Japan since 2007, has attracted a significant amount of funds from foreign institutional investors.
Working out a solution - (3 Jul 2010)
LIMAHSOON Bhdâs new chairman, Paul Lim Pang Kiam, makes do with a light breakfast just before meeting StarBizWeek at a kopitiam in Bangsar, but it is nevertheless clear that his plate is full as far as his professional life in concerned.
listing expected to raise RM864mil - (29 Jun 2010)
PETALING JAYA: CapitaMalls Asia Ltd, one of Asiaâs largest listed shopping mall developers, owners and managers by property value and geographic reach, has launched the prospectus and retail portion of what will be the largest shopping mall REIT (real estate investment trust) in Malaysia to date.
IPO well received - (26 Jun 2010)
PETALING JAYA: Sunway Real Estate Investment Trust (Sunway REIT) initial public offering of 1.52bil units was well received and the order book was fully covered despite a cautious sentiment and volatility in the equity markets.