News by M

IOI Properties Group Bhd (IOIPG) has revised its proposed real estate investment trust (REIT) exercise after an updated independent valuation increased the appraised value of the proposed portfolio by RM86 million, or 1.1%, to RM7.664 billion, while the company also enlarged the retail allocation under the proposed unit offering.

KIP Real Estate Investment Trust (KIP REIT) posted record financial results for FY2026 ended June 30, driven by contributions from newly acquired assets, stronger rental income from its existing portfolio and higher fair value gains on investment properties.

KIP Real Estate Investment Trust (KIP REIT) has cleared a key milestone in its proposed RM435 million acquisition of Setapak Central Mall, after unitholders approved the acquisition and related placement proposals at an extraordinary general meeting (EGM) on Thursday.

YNH Property Bhd (KL:YNHPROP) is deferring RM34.41 million in coupon payments across two tranches under its perpetual securities programme to preserve cash for its ongoing developments, including Solasta Dutamas and its township projects in Seri Manjung.

Kerjaya Prospek Group Bhd has secured a RM52.5 million subcontract for civil, structural and basic low-voltage mechanical and electrical (M&E) works for the proposed construction of a new 275-kilovolt (kV) consumer landing station serving a data centre in the Klang Valley.

Pavilion Real Estate Investment Trust (KL:PAVREIT) saw its net property income (NPI) in the second quarter rise 11.1% from a year earlier, driven by higher rental income from its hotel assets and lower electricity expenses.

Hap Seng Land Sdn Bhd, the property division of Hap Seng Consolidated Bhd, has unveiled the newly completed KL Midtown Signature Office Towers, a Grade A office development within the KL Midtown integrated development in Dutamas, Kuala Lumpur.

AME Real Estate Investment Trust (KL:AMEREIT) is purchasing three pieces of vacant freehold industrial land in i-Park @ Senai Airport City, Johor for RM50.2 million.

Maybulk Bhd shareholders have approved the proposed disposal of parcels of freehold land in Mukim Kapar, Klang, Selangor by its wholly owned subsidiary MBC Logistic Hub Sdn Bhd to WG Malaysia VIII Sdn Bhd for a cash consideration of RM278.05 million.

Eonmetall Group Bhd shareholders have approved the proposed disposal of freehold land parcels in Kapar, Klang, Selangor, by its wholly owned subsidiary Eonmetall Land Sdn Bhd to WG Malaysia VIII Sdn Bhd for RM273.28 million cash.