Hektar maintained steady progress since 2002.
Emphasis on asset enhancement
Constant lookout for yield-accretive acquisitions
2019
December — The Edge awarded Hektar REIT with the “Highest Return on Equity Over Three Years” Award at The Edge Malaysia Centurion Club 2019 Awards.
2019
September — Hektar REIT won the “Green Initiative Award” at the Asia Corporate Excellence & Sustainability Awards 2019.
2019
September — Hektar REIT was honoured at the ASEAN Energy Awards 2019 in the Energy Efficient Building – Retrofitted Building category.
2019
August — Hektar REIT was honoured at the National Energy Awards 2019 in the Energy Efficient Building – Retrofitted Building category.
2019
June — Hektar REIT’s property manager, Hektar Property Services was honoured at the CSR Malaysia Awards 2019 (Company of the Year Award – Property Management Category)
2018
August — Hektar REIT wins Gold at Asia Pacific Best of the Breeds REITs Awards under ‘Retail REIT’ category.
2017
December — AEI in Kulim Central officially completed ahead of schedule.
2017
November — Hektar Wins Best Under Billion Award (BUB Awards) for Best In Online Presence.
2017
September — Hektar Asset Management announced Hektar REIT’s completion of the acquisition of 1Segamat Shopping Centre.
2016
December — Commencement of RM23 million Asset Enhancement Initiatives in Kulim Central.
2015
December — Completion and re-launch of the cinema expansion at Mahkota Parade, from 4 screens to 10 screens.
2015
September — Central Square celebrated its relaunch after an extensive facelift.
2015
August — Commencement of RM 23 million asset enhancement initiative at Central Square.
2013
February — Hektar celebrated Subang Parade’s 25th year anniversary.
2012
October — Hektar Asset Management announced Hektar REIT’s completion of the acquisition of Landmark Central Shopping Centre and Central Square Shopping Centre for RM 181 million.
2010
October — Wetex Parade wins a Gold Award for Marketing Excellence at the International Council of Shopping Centers’ Asia Pacific Awards.
2010
May — Mahkota Parade celebrated a relaunch after an extensive RM30.4 million refurbishment.
2009
October — Mahkota Parade wins a Silver Award in the Community Relations Category at the International Council of Shopping Centers’ Asia Pacific Awards.
2008
October — Subang Parade wins a Silver Award for Development & Design at the International Council of Shopping Centers’ Asia Pacific Awards.
2008
May — Hektar Asset Management announced Hektar REIT’s completion of the acquisition of Wetex Parade & Classic Hotel, an integrated retail shopping centre development in Muar, Johor, for RM117.5 million.
2008
April — Frasers Centrepoint Trust raised holdings in Hektar REIT to 31%.
2008
March — Hektar Asset Management announced signing of Joint-Venture Agreement with Frasers Centrepoint Limited, part of the Fraser & Neave Group, listed in Singapore. Frasers Centrepoint Limited to acquire 40% of Hektar Asset Management and jointly manage Hektar REIT.
2008
February — Hektar REIT FY2007 DPU declared at 10.71 sen (9.89 sen annualised) for 13 month period ended December 2007, which is 11.2% higher than its prospectus forecast issued 15 November 2006.
2007
May — Hektar Asset Management announced Cornerstone Investment by Frasers Centrepoint Trust, a Singapore-listed REIT focused on retail. Frasers Centrepoint Trust acquired a 27% stake in Hektar REIT.
2006
December — Hektar REIT listed on the main board of Bursa Malaysia Securities Berhad on 4 December 2006 as Malaysia’s first retail-focused REIT. Portfolio valued at RM512 million.