In Depth

Axis REIT sees underwhelming 9MFY16

Axis REIT’s 9MFY16 revenue increased marginally to RM125 million (+0.9% y-o-y), driven by additional contribution from Beyonics i-Park Campus, Johor, and better rental reversion rates across its other properties…

Boutique developer’s lament

Dressed in a monochromatic striped sweater and ensconced in one of the snug leather armchairs in his office, Kenny Tan, chairman and CEO of Link (THM) Group, says: “The property market is very challenging.”

Econpile clinches MRT II project

With the latest project, we remain positive about the group’s outlook as this will enable them to continue playing a pivotal role in robust development particularly in the Klang Valley.

No catalysts as yet for CMMT

CMMT’s management is focusing its efforts to arrest rental reversion decline for Sungei Wang Plaza and has put in place strategies to help reposition and rebrand the mall.

CMMT to revamp its malls

Excluding the newly acquired Tropicana City Property, CMMT’s portfolio shopper traffic improved by about 9.4% y-o-y in 3Q16, marking a turnaround in the visitor footfall downtrend in the previous year.