Malaysia · Delayed Price · Currency is MYR Hektar Real Estate Investment Trust Company Description
Hektar Real Estate Investment Trust (“Hektar REIT”) is Malaysia’s first listed retail-focused REIT.
The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT.
Hektar REIT was listed on the Main Market of Bursa Malaysia Securities Berhad on December 4, 2006 and currently owns 2 million square feet of retail space and an education property across 4 states with total assets valued at RM1.39 billion.
On 19 February 2025, The Manager has announced the proposed acquisition of an industrial property located in Bayan Lepas, Penang for RM30 million, marking Hektar REIT’s dedication to diversification for yield-accretive non-retail assets, being the first industrial asset in its portfolio.
Hektar REIT is managed by Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd.
Hektar REIT’s portfolio of diversified properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Kolej Yayasan Saad in Ayer Keroh, Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah and Segamat Central in Segamat, Johor.
| Country | Malaysia |
| Founded | 2006 |
| Industry | Real Estate Investment Trusts |
| Employees | 2,500 |
| CEO | Zainal Bin Ismail |
Contact Details
Address: D1-U3-10, Solaris Dutamas Kuala Lumpur, 50480 Malaysia | |
| Phone | 60 3 6205 5570 |
| Website | hektarreit.com |
Stock Details
| Ticker Symbol | HEKTAR |
| Exchange | Bursa Malaysia |
| Fiscal Year | January - December |
| Reporting Currency | MYR |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Zainal Bin Ismail | Chief Executive Officer |
| Kek Lim | Chief Financial Officer |
| Sabrina Halim | Chief Operating Officer |