Overview
Description
Hektar Real Estate Investment Trust is a collective investment scheme that operates in the real estate sector. Primarily focused on the management and operation of retail-focused assets, Hektar provides investors with exposure to a diversified portfolio of shopping malls and retail spaces within Malaysia. Established with the goal of delivering stable income and potential capital growth, the trust collects rental income from these properties and distributes a significant portion of this income to its unit holders. Hektar's properties are strategically located, targeting high footfall areas to ensure steady rental demand and occupancy. As a listed entity, it contributes to the broader REIT market by offering liquidity and an opportunity for investors to partake in real estate ownership without the direct responsibility of property management. The trust plays a crucial role in shaping the retail landscape through its modernization efforts and tenant mix strategies, ultimately impacting consumer trends and retail experiences.
About
CEO
Mr. Zainal Iskandar Bin Ismail
Employees
0
Address
D1-U3-10, Solaris Dutamas
No 1, Jalan Dutamas 1 Sri Hartamas
Kuala Lumpur, 50480
No 1, Jalan Dutamas 1 Sri Hartamas
Kuala Lumpur, 50480
Phone
60 3 6205 5570
Website
Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Retail
Country
Malaysia
MIC code
XKLS