By embarking on a strategy to expand the lettable areas of properties in its portfolio, Amanah Raya Real Estate Investment Trust (AmanahRaya REIT) –the first government –owned REIT company to be listed on Bursa Malaysia- hopes to improve its performance. With an asset size of RM649 million, the REIT, which owns 13 properties, will offer an annual yield of about 6.9 per cent based on its initial public offer price of 94 sen for the financial year ending Dec31, 2007.(2-02-2008 New Straits Times)
