Sentral Real Estate Investment Trust (KL:SENTRAL), or Sentral REIT, posted a 30% increase in its net property income for the first six months (1HFY2024) to RM76.06 million, from RM58.49 million a year ago, underpinned by stronger contribution from its newly added property Menara CelcomDigi, as well as existing key properties, namely Building 4 and Platinum Sentral.
Property stocks, which rallied over past few months, were among the hardest hit counters on Bursa Malaysia in the recent global equity rout as investors rushed to take profits as market sentiment was shaken by external headwinds.
Binastra Corp Bhd (KL:BNASTRA) has bagged a RM160 million contract to demolish and build an office complex in Damansara Perdana from Dynamicz Sdn Bhd.
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