KUALA LUMPUR, November 3 – Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (“Hektar REIT”), is excited to announce a groundbreaking partnership with GMA Resources Sdn Bhd (“GMA”). This landmark initiative involves the installation of 13 Electric Vehicle (EV) Charging Bays across six shopping malls in Hektar REIT’s portfolio, commencing from 1 January 2024. As the retail landscape adapts to evolving consumer behaviors and global environmental challenges, such as climate change, the installation of EV Charging Bays represents an innovative leap forward to meet market demands.
This initiative not only aligns with the global shift towards green energy but also solidifies Hektar REIT’s commitment to robust Environmental, Social, and Governance (ESG) initiatives. These charging bays signify an upgrade to the existing infrastructure across the portfolio, incorporating the latest technology that aligns better with Hektar REIT’s commercial and sustainability goals. Additionally, an extra bay will be introduced, a first-of-its-kind at Segamat Central shopping mall in Segamat, Johor, reinforcing the REIT’s dedication to bringing greener options to diverse and underserved geographical locations.
En. Johan Azman Ghaus, Director of GMA Resources Sdn. Bhd., expressed his enthusiasm for this collaboration: “After three decades in the energy sector, we are thrilled to embark on this EV charging bays collaboration with Hektar REIT, aligning with their energy transition efforts to champion a sustainable environment. It further underscores our belief that the renewables & EV sector will emerge as vital components of our portfolio, and we look forward to future innovation opportunities in this space.” In harmony with Hektar REIT’s unwavering commitment to ESG goals, this collaboration aims to enhance the portfolio’s sustainability credentials.
The introduction of EV Charging Bays not only encourages green transportation options but also strengthens Hektar REIT’s appeal to an increasingly environmentally conscious customer base. Johari Shukri Jamil, Executive Director & Chief Executive Officer of Hektar Asset Management Sdn. Bhd., shared his excitement: “We are thrilled to announce our collaboration with GMA! This partnership amplifies Hektar REIT’s dedication to pioneering the future of transportation, ensuring unparalleled convenience and championing sustainability for our valued patrons.”
These new EV charging bays symbolize more than just infrastructure; they represent Hektar REIT’s commitment to fostering greener communities and advancing innovation in retail experiences. With these new EV charging bays, the aim is to make every shopping trip a bit more convenient, ensuring EV-driving patrons feel at home while they shop, dine, and recharge – both their cars and their spirits. As part of their broader mission to promote environmental responsibility, Hektar REIT is committed to rolling out even more sustainability-focused initiatives in the near future.
The goal is to substantially reduce their carbon footprint, transforming malls from mere places of commerce into centers of green innovation and community partnership. Stay tuned as they continue their journey towards a greener tomorrow.
