- Hektar REIT partners with the University of Reading Malaysia as part of its ESG initiatives - Collaboration involves student bursaries, sponsorships, internship programs & career opportunities
Robust Leasing Initiatives Boost Portfolio Occupancy Rate to 87.7% - Revenue recorded at RM27.8 million and NPI of RM15.4 million - Diversification Strategy: Pioneering Beyond Retail - Proposed Acquisition of KYSM, a leading private school in Melaka - Honoured with two Gold Awards at The Edge Malaysia ESG Awards 2023 - Positive Rental Reversions continue to lead to improvement
- Gold Award under the "REIT" category - Gold Award under the "Outstanding ESG & Dividend Return" category - The awards were aimed at honouring Malaysia's best performers in ESG
Occupancy Rate Increased to 83.8% with Positive Rental Reversion - Revenue recorded of RM28.9 million and Net Property Income of RM15.2 million - Robust NPI Margin of 52% indicating healthy financial performance - Gearing ratio lowered to 44.3% due to effective financial strategy - Improvement in portfolio occupancy rate to 83.8% - Positive rental reversions
- Revenue is substantially higher by 21.6% - Significantly improved Net Property Income by 24.8% - High dividend yield of 11.4% and impressive Annual Return of 60.8% - Increase in Hektar REIT Portfolio Valuation by RM41.6 million
Hektar REIT The Edge Malaysia ESG Awards 2022 Silver Award for Most Improved Performance over Three Years (Below RM300M Market Cap) and Silver Award Under Property & Reit Sector - Hektar REIT wins big at the inaugural The Edge Malaysia ESG Awards 2022 - The awards were aimed at honouring Malaysia's best performers in ESG
NPI Goes up by 77% & Realised Net Income Increased by 862% in 3Q 2022 - For 3Q 2022, Revenue recorded a substantial increase of 62% - For YTD September 2022, NPI goes up by 40% and Realised Net Income by 256% - Earnings supported by a continued recovery in the retail sector
NPI Goes up by 34% in 2Q 2022 & Realised Net Income Increased by 151% for 1H 2022 - For 2Q 2022 Revenue is higher by 14% and Realised Net Income goes up by 317% - Occupancy rate remains stable at 84.8% - Interim income distribution of 2.70 sen declared - Awarded "Company of the Year for Stakeholder & Community Engagement" - ESG Disclosures & Sustainability Initiatives remain our key focus areas
- "Company of the Year for Stakeholder and Community Engagement" at Sustainability & CSR Malaysia Awards 2022 - Hektar REIT recently received a 4-star rating upgrade on the FTSE4Good Bursa Malaysia Index
- Revenue grew by 8.7%, while EPU increased by 106.6% - Gradual recovery is expected as the country transitions towards endemicity - Occupancy rate remains steady at 84.8% - Sustainability Initiatives remain our top priority
- Achieved Revenue of RM96.6 million & Net Property Income of RM47 million - DPU of 2.53 sen, up 181% - Signs of recovery weighed by Omicron surge - Stepping up on sustainability measures & 3-star ESG rating by FTSE Russell
- Achieved Revenue of RM96.6 million & Net Property Income of RM47 million - DPU of 2.53 sen, up 181% - Signs of recovery weighed by Omicron surge - Stepping up on sustainability measures & 3-star ESG rating by FTSE Russell
- Stricter movement restrictions in 3Q adversely impacts mall business - Business gradually recovering with easing of restrictions and reopening of economy - Rise in consumer sentiment a good sign for malls and the economy
- Hektar REIT posts RM25.7 million revenue in 2Q2021 - Government's move to allow reopening of more retail businesses seen positively - Continued commitment towards ESG results in Greenhouse gas emission (CO2e) avoided of 14.3 million kg over 5-years
- Outlook for retail remains challenging - Second MCO weighed on mall visits and consumer spending - Management remains vigilant in monitoring recovery