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Saturday, June 30, 2012

Starhill REIT revalues The Residences

KUALA LUMPUR: Starhill REIT (real estate investment trust) has carried out a revaluation of The Residences which is housed under its portfolio of assets to comply with Clause 10.03 of the Securities Commission's REIT Guidelines.

The trust told Bursa Malaysia that the revaluation had been carried out by Azmi & Co Sdn Bhd, an independent professional valuer, on June 8 and would increase the net asset value per unit from RM1.151 to RM1.155 per unit after incorporation of a revaluation surplus of RM5mil.

By The Star

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