Hektar Real Estate Investment Trust
MMYX:HEKTAR0.53
MYR
+0.01
(+0.96%)
ISIN
MYL5121TO007
Return %
Stock
S&P 500
1Y
19.32
14.20
3Y
-13.22
81.12
5Y
-8.70
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Zainal Iskandar bin Ismail
- Full Time Employees
- 264
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Nov 15, 2006
- Website
- hektarreit.com
- Similar Companies
- Business
- Hektar Real Estate Investment Trust (Hektar REIT) is a Malaysia-based real estate investment trust managed by Hektar Asset Management Sdn. Bhd. Founded in 2006 and headquartered in Kuala Lumpur, Malaysia, the trust invests in and manages a portfolio of income-producing real estate assets across Peninsular Malaysia. The trust operates within the commercial real estate, education infrastructure, and industrial property sectors, focusing on long-term capital appreciation and sustainable income distributions to unitholders. Hektar REIT's principal property portfolio and service offerings comprise neighbourhood and regional shopping centres including Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Wetex Parade and the adjoining Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah; and Segamat Central in Segamat, Johor; educational real estate assets including the Kolej Yayasan Saad campus in Ayer Keroh, Melaka; industrial facilities comprising a light industrial manufacturing, warehousing, and office facility situated in the Bayan Lepas Free Industrial Zone in Penang; retail and commercial property leasing, tenant relationship management, and casual leasing services; property operations, physical maintenance, and facilities management; and asset enhancement initiatives (AEIs) encompassing retail space reconfiguration, energy-efficiency retrofits, and building refurbishment programs. In recent developments, Hektar REIT has implemented a strategic portfolio diversification program to expand beyond pure-play retail properties into the education, industrial, and renewable energy sectors. Strategic transactions include the acquisition of the Kolej Yayasan Saad Melaka education asset, the acquisition of a triple-net leased industrial facility in Bayan Lepas, Penang, and a conditional sale-and-leaseback agreement to acquire the KYS KL East International School campus in Kuala Lumpur. In addition, the trust expanded its operational scope into renewable energy infrastructure via a proposed majority equity acquisition in Terramark Sdn. Bhd. for solar farm development land in Chuping, Perlis.