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KUALA LUMPUR: IGB Real Estate Investment Trust's (IGB-REIT) first quarter (Q1) ended March 31, 2024. results were in line with expectations, according to RHB Research. The research firm said the company's Q1 2024 net profit of RM102.3 million was in line ...
NST19 Apr, 2024 08:15am - 21 hours

IGB Real Estate Investment Trust (IGB-REIT) is expected to maintain decent organic growth, underpinned by high occupancy rates and positive rental reversions at both its shopping malls in Kuala Lumpur – Mid Valley Megamall and The Gardens Mall.
TheStar19 Apr, 2024 00:00am - Yesterday

Research analysts covering IGB Real Estate Investment Trust (IGB REIT) remained sanguine on the stock’s prospects after it reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31, 2024 (1QFY2024) to RM124.24 million, from RM118.55 million a year earlier, thanks largely to higher rental income.
TheEdge18 Apr, 2024 09:58am - 1 day

KUALA LUMPUR: Corporates making news headlines include Maxis, Bank Islam, Malaysian Flour Mills, Menang, HeiTech Padu, Reservoir Link, MGRC, IGB REIT, Affin Bank and Excel Force.
TheStar18 Apr, 2024 07:38am - 1 day

IGB Real Estate Investment Trust (IGB-REIT) booked a higher year-on-year (y-o-y) net profit for its first quarter (1Q) ended March 31, 2024, even as it cautioned that inflationary pressures would keep it under pressure.
TheStar18 Apr, 2024 00:00am - 2 days

KUALA LUMPUR (April 17): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday: IGB Real Estate Investment Trust (IGB REIT) reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31...
TheEdge17 Apr, 2024 22:49pm - 2 days

KUALA LUMPUR: Keuntungan bersih IGB Real Estate Investment Trust (IGB REIT) untuk suku pertama berakhir 31 Mac 2024 melonjak 3.5 peratus dari tahun ke tahun kepada RM99.61 juta berbanding RM96.22 juta yang direkodkan pada suku pertama 2023.Hasil meningkat 5.1 peratus kepada RM162.56 juta daripada ...
BeritaHarian17 Apr, 2024 21:56pm - 2 days

TheEdge17 Apr, 2024 21:02pm - 2 days

(吉隆坡17日讯)租金收入增加,将怡保花园产托(IGB REIT)的首季净产业收入按年推高4.79%。
TheEdge17 Apr, 2024 20:14pm - 2 days

KUALA LUMPUR (April 17): IGB Real Estate Investment Trust (IGB REIT) reported on Wednesday, a 4.79% jump in its first-quarter net property income (NPI) from a year earlier, thanks largely to higher rental income.
TheEdge17 Apr, 2024 19:26pm - 2 days

KUALA LUMPUR: The manager of IGB Real Estate Investment Trust Bhd (IGB REIT) said it is cautious on retail sales growth, which it expects to affect the performance of its tenants in shopping malls.
TheStar17 Apr, 2024 17:45pm - 2 days

While real estate investment trusts (REITs) remain as a defensive yield play, upside to earnings may be limited due to increased competition in the retail sector and increased tax rates, while subsidy cuts may limit consumer spending, according to analysts.
TheStar12 Apr, 2024 00:00am - 1 week

THE decline in the unit price of IGB Commercial Real Estate Investment Trust (REIT) since it debuted on Bursa Malaysia has made it one of the higher-yielding REITs among its peers, even above the Kuala Lumpur REIT index’s expected yield of 6.17%. Bloomberg data shows that other pure-pla...
TheEdge09 Apr, 2024 14:30pm - 1 week

Real Estate Investment Trusts (REITs) continue to attract investors looking for a defensive yield play on the back of easing government bond yields, stable occupancy rates and normalising rental reversion.
TheStar05 Apr, 2024 00:00am - 2 weeks

KUALA LUMPUR: RHB Research remains optimistic regarding real estate investment trusts (REITs) as a resilient yield investment due to factors such as stabilised rental reversion, consistent occupancy rates, and the decline in government bond yields.The current yield gap between ...
NST04 Apr, 2024 10:52am - 2 weeks

Nanyang29 Mar, 2024 20:25pm - 3 weeks

FUND managers and analysts are hopeful that the lack of interest in retail counters will not continue past the middle of the year and that the influx of tourist arrivals, as well as the US Federal Reserve’s initiation of interest rate cuts in June as projected, will spark a revival of investor in...
TheEdge26 Mar, 2024 15:00pm - 3 weeks

IN the absence of the low base effect that accentuated year-on-year earnings growth in 2023, property developers — the best performing sector of Bursa Malaysia last year — are still expected to see growth in 2024 on the back of a stable interest rate regime and positive macroeconomic environment....
TheEdge18 Mar, 2024 14:00pm - 1 month

AmInvestment Bank Research sees buying opportunities in local real estate investment trust (REIT) stocks, given widening yield spreads against 10-year Malaysian Government Securities (MGS), supported by appealing distribution yields of 6% to 8%.
TheStar14 Mar, 2024 00:00am - 1 month

Permodalan Nasional Bhd’s (PNB) wholly owned unit Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) is listing its four highway concessions via a business trust to raise RM445.3 million.
TheEdge06 Mar, 2024 12:59pm - 1 month