Hektar Real Estate Investment Trust engages in investing in real estate properties. The company is headquartered in Kuala Lumpur, Wilayah Persekutuan and currently employs 270 full-time employees. The company went IPO on 2006-12-04. The Trust's objectives are to provide its unitholders with a defensible income distribution and increase the long term value of the REIT. The principal activity of the Trust is to acquire and invest in income-producing real estate in Malaysia which is primarily used for retail purposes. The Trust's investment strategy is to focus on retail assets in underserved markets across Malaysia, to create lifestyle places. The Trust’s portfolio consists of properties situated in Subang Jaya, Melaka, Muar, Sungai Petani, Kulim and Segamat, and its asset portfolio consists of a regional shopping center, five established neighborhood-focused shopping centers, and a hotel in the Northern, Central and Southern Regions of Peninsular Malaysia. The Trust's manager is Hektar Asset Management Sdn Bhd, and the property manager is Hektar Property Services Sdn Bhd.
Follow-Up Questions
Who is the CEO of Hektar Real Estate Investment Trust?
Encik Zainal Iskandar bin Ismail is the Chief Executive Officer of Hektar Real Estate Investment Trust, joining the firm since 2024.
What is the price performance of HEKRF stock?
The current price of HEKRF is $0, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Hektar Real Estate Investment Trust?
Hektar Real Estate Investment Trust belongs to Real Estate industry and the sector is Real Estate
What is Hektar Real Estate Investment Trust market cap?
Hektar Real Estate Investment Trust's current market cap is $0
Is Hektar Real Estate Investment Trust a buy, sell, or hold?
According to wall street analysts, 3 analysts have made analyst ratings for Hektar Real Estate Investment Trust, including 1 strong buy, 3 buy, 2 hold, 0 sell, and 1 strong sell
