There have been much talks amongst Malaysian real estate investment trust (REIT) players pertaining to the possible relaxation by the Malaysian Government on REIT’s rules so as to boost the industry’s profile among foreign investors and accelerate its growth. They viewed that the relaxation of certain REIT’s rules are crucial to the development of the [...]

UOA Asset Management Sdn Bhd, the manager of UOA Real Estate Investment Trust (UOA REIT), has received an offer from UOA Holdings Sdn Bhd for the sale of freehold land with a five-storey building with two mezzanine floors and three basement parking levels which is located along Jalan Pantai Jaya in front of Menara TM [...]

Atrium REIT:- Recently, Atrium REIT (real estate investment trusts) though among the smallest in terms of market capitalisation (RM130mil), has in the past several months been enjoying quite a bit of the limelight. Comments from AmResearch:- Atrium yield is comparable with the larger REITs and probably by virtue of its size and focus, it is [...]

AmanahRaya real estate investment trust (AR-REIT) has become Malaysia’s second largest REIT after Starhill REIT in terms of asset size at about RM649mil, following the injection of five new properties.[ Starhill REIT has over Rm1bil of asset size in Malaysia.]According to the manager of AR-REIT, AmanahRaya-JMF Asset Management Sdn Bhd (AJMF) managing director Datuk Mohamed [...]

Aseambankers Malaysia Bhd announced that:- Axis REIT Managers Bhd’s proposed acquisition of a five-storey building for RM37mil will boost its asset size to RM618mil, bringing it closer to its target size of RM800mil by year’s end, This proposed buy represents its 16th property which is an office and factory in Petaling Jaya, from Wah Seong [...]

In a filing with Bursa Malaysia, Atrium REIT announced it has: has acquired an industrial building at Senai Industrial Park,Johor for RM12.5mil from Yong Jin Development Sdn Bhd.

Malaysian developers are taking every slightest opportunity to dispose of their assets to REIT in the quest to seek more liquidity. Whether it’s a good sign or not to the new unit-holders, it’s yet to see. Sunway City Bhd has announced to set up the country’s biggest real estate investment trust (REIT) worth RM3bil in [...]