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KUALA LUMPUR: KLCC Real Estate Investment Trust’s (KLCC REIT) net profit for the fourth quarter ended Dec 31,2019 rose 33.1% to RM244.41mil from RM183.66mil a year ago, mainly due to property investment in the retail sector and hotel operations segment.
PETALING JAYA: Axis Real Estate Investment Trust’s (Axis REIT) is in the midst of acquiring seven new properties worth RM288mil, with RM140mil worth of properties in the pipeline so far this year.
SINGAPORE: Singapore’s dominant position as a real estate investment trust (REIT) listing hub in Asia is being eyed by a new contender: the Philippines.
KUALA LUMPUR: Axis Real Estate Investment Trust (Axis-REIT) aims to acquire RM140 million worth of properties this year.
PETALING JAYA: MRCB-Quill real estate investment trust (MQREIT) posted a loss of RM24.38mil for the fourth quarter ended Dec 31,2019, compared to a net profit of RM8.05mil a year ago.
BEIJING: China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.
KUALA LUMPUR: The last 12 months have seen important milestones at Lendlease’s 17.5 acre development in the Tun Razak Exchange (TRX) with regard to its retail and residential development.
SINGAPORE: Companies listed on Singapore Exchange (SGX) will no longer be required to file quarterly reports, in line with practices in global markets including Hong Kong, the United Kingdom and the European Union, the bourse’s regulatory unit said.
SINGAPORE (Reuters) - Companies listed on Singapore Exchange will no longer be required to file quarterly reports, in line with practices in global markets including Hong Kong, the United Kingdom and the European Union, the bourse's regulatory unit said.