Over the past few years, Malaysia’s industrial property market has grown rapidly. In the first three months of this year, 699 transactions worth RM6.4bil took place in the Klang Valley alone. Read full story Source link...
AME
JOHOR BAHRU: Industrial REIT AME Real Estate Investment Trust (AME REIT) recorded a 6.7% increase in net property income (NPI) to RM11.4 million in the first quarter ended June 30, 2024 (1Q25) from RM10.7 million in the previous corresponding quarter (1Q24). The growth was driven by a 8.2% rise in rental income to RM12.3 million from RM11.4 million previously, attributed to contribution from an...
JOHOR BARU: Shariah-compliant industrial REIT AME Real Estate Investment Trust (AME REIT) is aiming for 100% renewal of the 12 leases expiring in the financial year ending March 31, 2024 (FY2024) to reinforce the REIT’s future earnings. Of the 12 leases, AME REIT has successfully renewed leases with five existing tenants, obtained one replacement tenant, and confirmed lease renewals with six existing...