Steady occupancy rates a positive for IGB-REIT
PETALING JAYA: IGB Real Estate Investment Trust's (IGB-REIT) operational assets are still resilient, underpinned by stable occupancy rates and rental reversions.
Bukit Jambul mall achieves 84% occupancy rate
Bukit Jambul Complex (KBJ) in Bayan Lepas, Penang, has an occupancy rate of 84%, says its joint management board chairman (JMB) Datuk KH Chan.
Hong Kong hotels’ Lunar New Year occupancy rates above 90% but few big spenders
Mainland Chinese guests are staying for shorter periods and continue to prefer cheap local eats, hoteliers say
Hong Kong hotels’ Lunar New Year occupancy rates above 90% but few big spenders
Mainland Chinese guests are staying for shorter periods and continue to prefer cheap local eats, hoteliers say
Namibia's tourism occupancy rebounds: report
WINDHOEK, Jan. 21 (Xinhua) -- The Hospitality Association of Namibia (HAN) on Tuesday released its 2024 annual tourism occupancy report, showcasing continued growth in this vital sector of the southwestern African nation's economy.
Sime Darby Property's Elmina Lakeside Mall hits 99% occupancy
SHAH ALAM: Sime Darby Property Bhd’s second fully owned mall, the Elmina Lakeside Mall (ELM), has achieved a 99% occupancy rate to date.
Sime Darby Property's Elmina Lakeside Mall achieves 99% occupancy
SHAH ALAM: Sime Darby Property Bhd’s second fully-owned mall, the Elmina Lakeside Mall (ELM), has achieved a 99% occupancy rate to date.
Pick up in occupancy rates for office sector expected next year
PETALING JAYA: The office sector is anticipated to see a pick-up in occupancy rates in 2025, but challenges are expected to remain, experts say.
KPJ’s move to raise bed occupancy a positive
KPJ Healthcare Bhd’s move to optimise its existing assets to increase bed occupancy rate (BOR) is seen as a positive move, as it enhances cost-efficiency by reducing the need for substantial financial investments.
Seniors facility aims to double occupancy next year
SENIOR living facility Sunway Sanctuary aims to double its occupancy next year after achieving 30% occupancy since its opening last June.
High occupancy rate to support CapitaLand
High occupancy rate, positive shopper traffic, tenant sales and rental reversion are expected to support CapitaLand Malaysia Trust’s (CLMT) growth outlook in the near term.
Deepavali boosts hotel and homestay occupancy
PETALING JAYA: The Festival of Lights has indeed shone on domestic tourism with hotels, budget accommodations and homestays hitting an impressive 80% occupancy rate.
CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions
KUALA LUMPUR: CapitaLand Malaysia Trust's (CLMT) net profit for the first quarter ended March 31, 2024 (1Q 2024) rose to RM33.49 million from RM12.04 million a year earlier.
Positive outlook for AME-REIT on full occupancy
PETALING JAYA: RHB Research has turned bullish on the prospects of AME Real Estate Investment Trust (AME-REIT), commenting that the latter’s earnings are in line with expectations, recording stable growth from its fully occupied properties.
Higher occupancy cap to benefit landlords, tenants
Landlords of larger Housing and Development Board (HDB) flats and private residential properties will soon be able to grow their tenant base and rental income after a policy change takes effect in January to relax the rental occupancy cap for such properties for about three years.
High occupancy rate set to steer IGB-REIT
PETALING JAYA: CGS-CIMB Research is making no change to its earnings forecasts and reiterating its “add” rating on IGB Real Estate Investment Trust (IGB-REIT).
Hotel occupancy rates remain low despite upcoming holidays
PETALING JAYA: Although next week is designated as “balik kampung”, a time to visit one’s hometown and spend time with family, just half of the hotels in the country are fully booked.
Hektar-REIT earnings forecast to rise on higher occupancy rates
PETALING JAYA: Hektar real estate investment trust’s (REIT) core net profit is expected to grow in the coming financial years, driven by a gradual expansion in occupancy rates.
AME-REIT likely to maintain 100% occupancy rate
AME Real Estate Investment Trust (AME-REIT) will likely deliver commendable results in the financial year 2024 (FY24) even as its occupancy rate is maintained at 100%, according to Hong Leong Investment Bank Research (HLIB Research).
Retail REITs remain buoyed by high mall occupancy
KUALA LUMPUR: The outlook for retail real estate investment trusts (REIT) remains stable owing to the strong domestic economy and robust occupancy rates for malls under its coverage, said RHB Research.
