Associated tags: BHD, Hectare, ESG, REIT, Real estate, Social, Social Security Government Pension Offset, FTSE Russell, Central Square, Environment, Biophysical environment, COVID-19, Safety
Retrieved on:
Tuesday, November 15, 2022
Growth,
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Real estate,
Hectare Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced the third quarter results ended 30 September 2022 (3Q 2022).
Key Points:
- Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced the third quarter results ended 30 September 2022 (3Q 2022).
- Hektar REIT recorded revenue of RM31.06 million, a substantial increase of 62.4% compared with RM19.12 million in the same quarter of the previous year.
- The Malaysian retail landscape showed steady recovery as it inches back to the pre-pandemic levels, and it is evident across Hektar REIT's portfolio.
- Recovery in consumer-related subsectors, including leisure, international tourism and hospitality, continued to aid in the overall performance of the retail industry.
Sustainability,
Management,
Financial management,
Social,
BHD,
AUM,
Assets under management,
FTSE Russell,
Company,
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COVID-19,
Community engagement,
CSR,
Review,
Income,
Real estate,
Hectare,
Environment Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced the second quarter results ended 30 June 2022 (2Q 2022).
Key Points:
- Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced the second quarter results ended 30 June 2022 (2Q 2022).
- Hektar REIT recorded revenue of RM29.37 million, an increase of 14.2% compared to the RM25.71 million recorded in the corresponding quarter of the previous year.
- Based on the financial performance for the current quarter, Hektar REIT has declared an interim income distribution of 2.70 sen per unit, amounting to RM12.72 million, to be made on 26 September 2022.
- The portfolio of malls under Hektar REIT has experienced a 58% year-on-year (y-o-y) increase in visitor footfall and a 50% higher vehicle count y-o-y.
Retrieved on:
Wednesday, August 24, 2022
Petting zoo,
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2009 Davis Cup,
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Retail,
Subang Parade Over the three days of the Subang Parade Merdeka Fiesta, there will also be a pet adoption campaign alongside a petting zoo.
Key Points:
- Over the three days of the Subang Parade Merdeka Fiesta, there will also be a pet adoption campaign alongside a petting zoo.
- The Merdeka Fiesta showcases our Malaysian culture and roots that we want to not just uphold but share with the rest of the world.
- "Subang Parade has been the centre for families and workers in the surrounding neighbourhoods for more than 30 years.
- Subang Parade hopes to welcome everyone in a safe manner and would like all visitors to continue adhering to social distancing and having masks on at all times.
Retrieved on:
Thursday, August 18, 2022
Social Security Government Pension Offset,
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Mandarin Oriental Hotel Group,
Ministry of Rural Development (Malaysia),
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Environment,
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Corporate sustainability,
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Rural development,
Government,
BHD,
CSR,
Heart,
Angelo Gordon,
FTSE Russell,
Biophysical environment,
Main–Market Historic District,
Retail,
Real estate,
Hectare KUALA LUMPUR, Aug 18, 2022 - (ACN Newswire) - Hektar Real Estate Investment Trust (Hektar REIT) has been awarded "Company of the Year" under the "Stakeholder and Community Sustainability Engagement Initiatives" category of the Sustainability & CSR Malaysia Awards 2022 held today at Mandarin Oriental Hotel Kuala Lumpur.
Key Points:
- KUALA LUMPUR, Aug 18, 2022 - (ACN Newswire) - Hektar Real Estate Investment Trust (Hektar REIT) has been awarded "Company of the Year" under the "Stakeholder and Community Sustainability Engagement Initiatives" category of the Sustainability & CSR Malaysia Awards 2022 held today at Mandarin Oriental Hotel Kuala Lumpur.
- Hektar Real Estate Investment Trust (Hektar REIT) is Malaysia's first listed retail-focused REIT.
- The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT.
- Hektar REIT is managed by Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd.
Water,
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Carbon,
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Angelo Gordon,
Climate change,
ESG,
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BHD,
Policy,
Corporate governance,
Social Security Government Pension Offset,
Bursa,
Social,
Biophysical environment,
Waste management,
PLC,
Renewable energy,
Governance,
Hectare KUALA LUMPUR, June 27, 2022 - (ACN Newswire) - Hektar Real Estate Investment Trust (Hektar REIT) has achieved an upgraded Environmental, Social and Governance (ESG) rating of 4-star on the FTSE4Good Bursa Malaysia Index (F4GBMI) in the latest June 2022 evaluation.
Key Points:
- KUALA LUMPUR, June 27, 2022 - (ACN Newswire) - Hektar Real Estate Investment Trust (Hektar REIT) has achieved an upgraded Environmental, Social and Governance (ESG) rating of 4-star on the FTSE4Good Bursa Malaysia Index (F4GBMI) in the latest June 2022 evaluation.
- Johari Shukri bin Jamil
Chief Executive Officer of Hektar Asset Management Sdn.
- We are convinced that the continued integration of sustainability into our strategy will support the ongoing & future success of Hektar REIT - in the interest of all stakeholders."
- Hektar Asset Management, the Manager of Hektar REIT, remains committed to continuously looking at and adopting sustainability-linked initiatives as part of the core strategy & decision-making process.
Link,
Board of Management St. Molaga's National School v The Secretary General of the Department of Education and Science,
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Director,
Chemical engineering,
Industrialisation,
Board,
Central Square,
Science,
Hectare Johari Shukri bin Jamil, 50, as the Chief Executive Officer (CEO) of Hektar Asset Management effective 11 June 2022.
Key Points:
- Johari Shukri bin Jamil, 50, as the Chief Executive Officer (CEO) of Hektar Asset Management effective 11 June 2022.
- Johari Shukri bin Jamil, CEO of Hektar Asset Management (Link) En.
- Johari will succeed Dato' Hisham bin Othman, 60, who has reached mandatory retirement age after helming Hektar Asset Management as CEO since May 2016.
- Hektar REIT is managed by Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd.
Global warming potential,
Tenant,
Golden Screen Cinemas,
Social Security Government Pension Offset,
Income,
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Waste,
RGM,
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X5 Retail Group,
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Hectare,
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Safety,
Social,
BHD,
Safety stock,
ESG,
Real estate,
Biophysical environment,
Subang Parade Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced the first quarter results ended 31 March 2022 (1Q 2022).
Key Points:
- Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced the first quarter results ended 31 March 2022 (1Q 2022).
- Hektar REIT's net property income increased 17.9% to RM16.62 million compared with RM14.09 million recorded in 1Q 2021, while realised income for the quarter under review gained 110.7% to RM13.74 million compared with RM5.52 million in 1Q 2021.
- Earnings per unit rose by 106.6% to 2.92 sen for 1Q 2022 compared with 1.41 sen for 1Q 2021.
- However, the Manager remains committed to distribute at least 90% of Hektar REIT's distributable income for the financial year ending 31 December 2022.
Retrieved on:
Friday, November 26, 2021
BEI,
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Income,
Social,
FTSE Russell,
National Bureau of Economic Research,
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ESG,
BHD,
REIT,
NRP,
Tree,
Global warming potential,
COVID-19,
Revenue,
NPI,
Management,
Building Energy,
Real estate,
Animal Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT") ("Manager"), today announced that for the third quarter ended 30 September 2021 ("3Q 2021"), Hektar REIT recorded revenue of RM19.1 million, which is a decrease of 26.4% compared to the RM26.0 million recorded in the corresponding quarter of the previous year.
Key Points:
- Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT") ("Manager"), today announced that for the third quarter ended 30 September 2021 ("3Q 2021"), Hektar REIT recorded revenue of RM19.1 million, which is a decrease of 26.4% compared to the RM26.0 million recorded in the corresponding quarter of the previous year.
- One of Hektar REIT's neighbourhood malls, Subang Parade, Selangor
Hektar REIT registered net property income of RM10.3 million for the quarter under review, which decreased 20.1% compared to the RM12.9 million recorded in 3Q 2020, while realised income for 3Q 2021 was 69.0% lower at RM1.4 million compared to the RM4.5 million recorded in 3Q 2020.
- However, Hektar REIT is now seeing more visitors to its malls with the easing of restrictions in tandem with the reopening of the economy.
- The Manager has also announced on 15 November 2021 that Hektar REIT is proposing a private placement of up to 23.098 million units representing 5% of the 461.96 million total units been issued as at 12 November 2021.
Retrieved on:
Thursday, August 26, 2021
Industry,
Social Security Government Pension Offset,
Global warming potential,
Population,
Government,
Sop's Arm,
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BEI,
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Public health,
REIT,
Safety,
FTSE Russell,
ESG,
Vaccination,
COVID-19,
Social,
Building Energy,
X5 Retail Group,
Malaysian movement control order,
Real estate Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), today announced the second quarter results ended 30 June 2021 ("2Q 2021").
Key Points:
- Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), today announced the second quarter results ended 30 June 2021 ("2Q 2021").
- Hektar REIT recorded revenue of RM25.71 million, which is 4.5% higher than the RM24.60 million recorded in the same quarter of the preceding year.
- Net property income meanwhile was RM10.21 million, a decrease of 14.8% compared to the RM11.97 million recorded in 2Q 2020.
- Realized income for 2Q 2021 was 5.2% higher at RM1.58 million compared to the RM1.50 million recorded in 2Q 2020.
Bhd., the Manager for Hektar Real Estate Investment Trust ("Hektar REIT"), today announced the first quarter results ended 31 March 2021 ("1Q 2021").
Key Points:
- Bhd., the Manager for Hektar Real Estate Investment Trust ("Hektar REIT"), today announced the first quarter results ended 31 March 2021 ("1Q 2021").
- Hektar REIT recorded revenue of RM26.78 million, which is 12.8% lower than the RM30.71 million recorded in the same quarter of the preceding year.
- Net property income of RM14.09 million for the quarter decreased by 10.3% compared to the RM15.71 million recorded in 1Q 2020.
- Hektar REIT is managed by Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd.
