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Hektar REIT is a Real Estate Investment Trust in Malaysia, the first one to focus on retail properties -- shopping centers. Their slogan is, "Creating The Places Where People Love to Shop." They have over one million square feet of leasable space.
Hektar was first listed December 4, 2006. Hektar Asset Management Sdn. Bhd is its manager. That's part of the Hektar Group.
Hektar REIT Property Portfolio Includes:
Subang Parade, No. 5 Jalan SS 16/1, Subang Jaya, 47500 Petaling Jaya, Selangor
Mahkota Parade, No. 1 Jalan Merdeka, 75000 Bandar Melaka, Melaka
Wetex Parade & Classic Hotel, 69 Jalan Ali, Off Jalan Sulaiman, 84000 Muar, Johor
Therefore, Hektar is a small M-REIT but should profit provided people in their areas have money to spend.
Next: Al-Aqar KPJ REIT -- Islamic, focusing on hospitals.
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