REITs the new gold for investors in Asia

By BUSINESS TIMES HONG KONG: As central banks print cash to boost moribund economies, investors in Asia wanting to hedge against rising prices are dumping gold and doubling down on properties. They are driven by the search for yields as surprisingly benign inflation dims the appeal of bullion, but it is a risky play given [...]


Hektar REIT will upgrade malls

By THE STAR Group will also look out for more takeover targets to boost asset base Adding value: Zalila says the company will emulate the AEIs executed in Johor for its Central Square in Sungai Petani. PETALING JAYA: Hektar Real Estate Investment Trust (REIT) will continue with its asset enhancement initiatives (AEI) on its two [...]


AmanahRaya REIT dispose of building

By BUSINESS TIMES KUALA LUMPUR: AmanahRaya Real Estate Investment Trust has sold a 23-year-old building in Bangi, Selangor, to Permanis Sdn Bhd for RM31 million. “Amanah-Raya intends to utilise the sales proceeds to finance AmanahRaya REIT’s future potential acquisitions in line with its strategic directions to streamline Amanah- Raya REIT existing portfolios. The proposed disposal [...]


Drivers for Pavilion REIT, better rental growth and possible asset injection

By THE STAR PETALING JAYA: Pavilion Kuala Lumpur’s (pic) likely better rental growth and possible injection of new assets in the medium to long term are among the drivers for the Pavilion Real Estate Investment Trust (REIT), going forward. In a report, Maybank Investment Bank Research said financial year ending Dec 31, 2013 (FY13) would [...]


Real estate investment trusts losing lustre, investors opting for more aggressive strategies

By THE STAR Quality REIT: Pavilion REIT is RHB Research’s top pick due to its location, asset quality and long-term growth prospects PETALING JAYA: Local real estate investment trusts’ (REITs) allure for investors may be waning on a combination of factors including lower returns due to REIT prices approaching target prices pegged by analysts. Analysts [...]


Outperform rating for KLCCP amid REIT plans

By BUSINESS TIMES MAY LISTING: Potential RM15.4b assets, RM12b market cap expected to draw investors THE sheer size of KLCC Property Holdings Bhd’s new unit, KLCCP Stapled Group, will make it a stock that fund managers will want to hold, a research house said. CIMB Research said fund managers will not be able to ignore [...]