TA Enterprise Bhd had its annual general meeting yesterday.
Earlier in the press, it is said that TA Enterprise Bhd is expected to list its first property trust
Further update by its Executive chairman Datin Alicia Tiah pertaining to its forthcoming REIT:

The listing of its first REIT should be by year-end or early 2008 and is expected […]

(A) News On Tower REIT
 
5.3 sen dividend for Tower REIT ( The Star 10/2/07)

GLM REIT Management Sdn Bhd, the manager of Tower Real Estate Investment Trust (REIT), has declared a dividend income distribution of 5.3442 sen per unit for the year ended Dec 31, 2006, to be paid to unitholders on Feb 28. 
Net income after […]

REITS in the US and Singapore have continuously increased their earnings by purchasing every year properties that offer income yields higher than the REITS’ own.  
However, it seemed that in Malaysia, there are quite a number of REITs established for the purpose of cashing out purposes.
However, as for Axis–REIT, it has been increasing its […]

” CapitaMall Trust, Singapore’s largest property trust by market value, said on Jan 25 that a third of its portfolio would be in overseas property assets by 2012 as it expands outside Singapore”
Highlighted by its CEO, Puan Seck Guan( The Edge25/1/07):-

Singapore shopping malls account for more than 95% of its property portfolio. CapitaMall.

has a 20% […]

The government is considering more incentives to stimulate the competitiveness of the local real estate investment trust (REIT) sector, Deputy Second Finance Minister Datuk Dr Awang Adek Hussin said. (The Edge (29/1/07)
While launching the prospectus of Amanah Raya REIT, he also highlighted the potential of REIT in Malaysia by disclosing the following statistics:
·         REIT is […]