The Edge (Malaysia)

Hektar REIT Achieves Historic Success: ESG Performance Rewarded with Dual Gold Accolades at The Edge Malaysia ESG Awards 2023

Retrieved on: 
Tuesday, November 7, 2023

Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), is pleased to announce that Hektar REIT is the proud recipient of two Gold Awards at The Edge Malaysia ESG Awards 2023 under the Equity Awards category.

Key Points: 
  • Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), is pleased to announce that Hektar REIT is the proud recipient of two Gold Awards at The Edge Malaysia ESG Awards 2023 under the Equity Awards category.
  • These awards were for the categories of Outstanding ESG and Dividend Return Award and Real Estate Investment Trust (REIT) Award.
  • The Edge Malaysia ESG Awards 2023, a prestigious accolade in the industry, is divided into two distinct categories: the Equity Awards and the Fund Awards.
  • Hektar REIT remains committed to integrating ESG into all aspects of the business, from financial management to operations and future planning.

Hektar REIT Realised Net Income higher by 187% for FY2022

Retrieved on: 
Thursday, February 23, 2023

Hektar REIT registered a Net Property Income (NPI) of RM58.7 million, a significant increase of 24.8% compared to RM47 million in the preceding year.

Key Points: 
  • Hektar REIT registered a Net Property Income (NPI) of RM58.7 million, a significant increase of 24.8% compared to RM47 million in the preceding year.
  • Realised Net Income was RM36.4 million, a notable increase of 187% compared to the previous year.
  • There was also a notable increase in the fair value of the Hektar REIT Investment Portfolio of RM41.6 million.
  • - Hektar REIT was awarded two Silver awards at The Edge Malaysia ESG Awards 2022:
    -- Property & REIT Sector Award.

Hektar REIT's ESG Commitment Rewarded with Two Awards

Retrieved on: 
Tuesday, November 29, 2022

The Edge Malaysia ESG Awards 2022 comprised two categories - the Equity Awards and the Fund Awards.

Key Points: 
  • The Edge Malaysia ESG Awards 2022 comprised two categories - the Equity Awards and the Fund Awards.
  • The Equity Awards were organised in collaboration with Bursa Malaysia and FTSE Russell and the Fund Awards were in collaboration with the Securities Commission and Morningstar.
  • These awards were aimed at promoting ESG adoption and leadership amongst industry leaders and professionals by recognising their contributions and successes.
  • Our commitment to ESG principles is long-term, as we recognise that all of us have a responsibility to our stakeholders.