Glossary

Found an abbreviation or term on our site and not sure what it means? Check our glossary of terms below.

AEI Asset Enhancement Initiative
AGM Annual General Meeting
AUM Assets Under Management
Board Board of Directors of the Manager
bps Basis Points
Bursa Securities / the Exchange Bursa Malaysia Securities Berhad (Company No. 635998-W)
CAGR Compounded Annual Growth Rate
CAPEX Capital Expenditure
CDS Central Depository System
CEO Chief Executive Officer
CPI Consumer Price Index
CSR Corporate Social Responsibility
Deed The Trust Deed dated 5 October 2006 constituting Hektar REIT and as amended by two Supplemental Trust Deeds dated 20 March 2012 and 23 November 2016 respectively between the Manager and the Trustee
DPU Dividend Per Unit / Distribution per Unit
EPU Earnings per Unit
F&B Food & Beverage
FP Financial period
FY / FYE Financial Year / Financial Year End
GAV Gross Asset Value
GDP Gross Domestic Product
Gearing Debt Financing to Total Assets
GFA Gross Floor Area
GLA Gross Lettable Area
Gross Revenue Gross rental income and other income earned from the properties including license fees, car park income, utilities and miscellaneous income
HAMSB / HAMS Hektar Asset Management Sdn. Bhd., Manager of Hektar REIT
HPSSB / HPS Hektar Property Services Sdn. Bhd., the Property Manager of Hektar REIT
IPO Initial Public Offering. Hektar REIT?s IPO was completed on 4 December 2006
KLCI FTSE Bursa Malaysia Kuala Lumpur Composite Index
Listing Requirements Bursa Malaysia Securities Berhad Main Market Listing Requirements
M-REIT Malaysian Real Estate Investment Trust
Manager Hektar Asset Management Sdn Bhd (Company No. 732261-T), being the management company of Hektar REIT
MER Management Expense Ratio
MTN Medium Term Note
N/A or NA Not Applicable
NAV Net Asset Value
NBV Net Book Value
NLA Net Lettable Area. Area available for leasing. Consists of the total gross floor area less the common areas, such as corridors, amenities area and management offices of the building.
NPI Net Property Income
NTA Net Tangible Assets
OMV Open Market Value
OPTR Off-Peak Tariff Rider. Energy efficiency scheme offered by Tenaga Nasional
Property Manager Hektar Property Services Sdn Bhd (868376-K)
Psf Per square foot
Psfpm Per square foot per month
PTR Portfolio Turnover Ratio
REIT(s) Real Estate Investment Trust(s)
RM and sen Ringgit Malaysia and sen, respectively
ROFR Right of First Refusal
ROI Return on Investment
SC Securities Commission
SC Guidelines Guidelines on Real Estate Investment Trusts issued by the Securities Commission in August 2008 and updated on 28 December 2012 ",SCA,Securities Commission Act 1993
Share Registrar Mega Corporate Sdn Bhd (Company No. 187984-H)
Sq. ft. / sf Square feet
Sq. m. / sq m Square metre
Step-Up Rent Provision specified in tenancy agreement for pre-determined increase in rent at defined intervals during a tenancy agreement, usually each year
TAV Total asset value
The Trust / the Fund Hektar Real Estate Investment Trust
Trustee MTrustee Berhad (Company No. 163032-V) being the Trustee of Hektar REIT
Turnover Rent Provision for rent calculated as a proportion of annual turnover of the tenant?s business
Unit(s) Undivided interest(s) in Hektar REIT as constituted by the Deed
Unitholder(s) Holder(s) of the Units
VWAMP Volume Weighted Average Market Price
WALE Weighted Average Lease Expiry
YOY Year-On-Year
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