BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  Market Watch  >  Al-Salam REIT's Crown Jewel in Johor

Al-Salam REIT's Crown Jewel in Johor

Azman Hussin, RHB Research

08-Nov-16 09:20

Al-Salam REIT's Crown Jewel in Johor

Listed in Nov 2015, Al-Salam REIT's share price has been on an uptrend, returning 15% YTD. Its prime asset, Komtar JBCC, is a shopping mall that could see strong growth potential and higher occupancies with massive redevelopments in Johor Bahru. However, concerns of an over-reliance on the mall may arise, as it contributes to more than 50% of the REIT's revenue. Potential asset injections may be a catalyst for earnings through its sponsor Johor Corp which owns substantial amount of hospitality assets. 


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags:  Malaysian equities,  MREITs,  JCorp,  shopping mall glut,  Komtar JBCC


Latest Podcasts




Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Sharmini Ann Jacob from KPMG Malaysia talks about turning national workforce priorities into real organisational capability, in the age of AI.

12:00 PM

Just For Kicks

(REPEAT) We look back at the semi final matches of the Carabao Cup that saw Arsenal and Man City booking their places in the final, and look ahead to Matchweek 25 of the EPL!

1:00 PM

A Bit of Culture

(REPEAT) Kam, Zan Azlee and Hafiz Noor Shams sit down together to talk about EPF retirement fund, James Brooke and the collapsing prestige of the west.

2:00 PM

Ringgit & Sense

(REPEAT) Ian Wong, Founder & CEO of Uno Advisers and licensed financial planner, shares the financial mistakes you don’t want to make in 2026.

2:30 PM

The Property Show

(REPEAT) Dr. Tan Loke Mun, Principal of DrTanLM Architect, assesses KL's River of Life project 15 years on.

3:00 PM

Best of The Bigger Picture

(REPEAT) What do the Epstein files teach us about power? To try and make sense of it all, we speak to Peter Beattie, Political Economist and Political Psychologist from the Chinese University of Hong Kong (CUHK)

4:00 PM

Best of Evening Edition

(REPEAT) With the launch of the Education Plan 2026–2035, we examine whether it can realistically deliver on the country’s ambitions as the government maps out its next decade-long direction for the education system.

5:00 PM

BBC World Service

This special episode of The Life Scientific features Dr. Eleanor Schofield, talking about her work conserving centuries-old wood and metal.