Pavilion REIT seen to remain resilient
As for Da Men Mall (86% occupancy rate), management is targeting to achieve near full occupancy by evaluating its tenant mix.
As for Da Men Mall (86% occupancy rate), management is targeting to achieve near full occupancy by evaluating its tenant mix.
Turnover sales account for about 12 to 15% of IGB REIT’s rental income.
Management is keeping its RM150 million sales target for 2018 for now.
We expect Gabungan AQRS’ future balance sheet and operating cash flow to strengthen significantly on the back of its five-year transformation plan.
Both properties, Mid Valley Megamall and The Gardens Mall, are operating with high occupancy rates of close to 100%, driven by the strategic prime location.
The construction industry is now facing headwinds in view of fewer megaprojects.
WCT had completed several shopping complex projects which include Bahrain City Centre, MyTown Shopping Centre, Bukit Tinggi Shopping Centre and The Curve Shopping Centre.
Unbilled sales of RM128 million and unsold property units valued at RM486 million will contribute to property earnings in FY19 to FY22.
Currently, its outstanding order book inclusive of LRT3 stands at RM5.3 billion (based on previous budget of RM9 billion).
It is a place of tragedy but there are now plans to revive the Highland Towers site located in Ulu Kelang, Selangor. Can it be done?