AME-REIT’s second-quarter revenue rises by 8.6%

Quick Summary:

AME real estate investment trust (AME-REIT), which is maintaining a 100% occupancy rate across its assets, is actively seeking lucrative assets as part of its growth strategy.

AME-REIT’s portfolio currently comprises 34 industrial properties.

The net property income for 1H25, similarly, increased to RM23.14mil from RM21.49mil in 1H24.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: HighOccupancy IndustrialProperties UnitholderReturns PortfolioExpansion IskandarMalaysia Corporate News /Business/Business News AMEREIT IncomeGrowth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 00:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 293 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23451769

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Main Topics: EconomyBusiness

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