(The edge property, 13/04/2016)
Check out updates on top property news and information about property in Malaysia. All is effective property news for investment decision. This covers all types of property and land transactions, Property Market, Property Investment, Real Estate, Retail Shop Malaysia, Condominium Malaysia, Houses Malaysia and all others property related matters in Malaysia.
Wednesday 11 May 2016
MQREIT does not expect significant impact from office space glut
MRCB-Quill Real Estate Investment Trust (MQREIT) does not expect to be significantly affected by the current office space oversupply as only 7% of its NLA will be up for renewal in July, while the remaining portion have locked in periods as per rental agreements. As at December last year, the occupancy rates were 97.5% of the total NLA. 80% is office space and the remaining 20% is retail space. MQREIT’s total assets amount to RM1.57 billion, which will rise to RM2.2 billion upon inclusion of Menara Shell, which is still in process of being acquired.
(The edge property, 13/04/2016)
(The edge property, 13/04/2016)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment