so far ARREIT investment properties, comprising 11 properties across the office, education, industrial, retail and hospitality sectors, were valued at RM1.27 billion.
ARREIT saw an increase in rental income from Selayang Mall by RM403.2k, thanks to the addition of 6 new tenants and the renewal of 34 existing tenants with incremental rent reversion
The REIT is also reportedly looking to sell its remaining asset under the hospitality segment, the former Holiday Villa Alor Setar in Kedah, which has been left vacant since 2018, as it seeks to fully exit the hospitality business.
After exiting the hospitality business, time for educational assets?
ARREIT’s assets were recently revalued, resulting in a valuation surplus of RM2.2 million. Notably, Selayang Mall contributed RM1 million to this surplus due to improved occupancy rates. These gains reflect the Manager’s successful efforts in improving asset value and operational efficiency
Malaysia's real estate investment trusts (REITs) outlook remains positive with industrial exposure due to strong demand for data centers and high-tech warehouses, according to CIMB Securities
ARREIT is focusing primarily on acquiring educational assets, wellness facilities and industrial properties, particularly in logistic - Most of them are high-yielding assets.
Portfolio diversification through acquisitions of alternative asset classes will play an important role in the future of Malaysian REITs, providing investors with more investment options 👍
AmanahRaya Real Estate Investment Trust (REIT) has completed its strategic acquisition of a private education asset in Glenmarie, Shah Alam for RM31.4 million
Arreit next resistance at 0.40, The newly-acquired freehold property is currently leased to Tinta Pendidikan Sdn. Bhd, an education provider offering preschool, primary and secondary education.
The real estate investment trust (REIT) segment, which has been performing commendably this year, is expected to maintain its steady momentum into 2025 !
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Schwoosh
38 posts
Posted by Schwoosh > 2024-09-03 18:59 | Report Abuse
Slowly recovering, pick up at the bottom price now