Germany recorded the strongest occupier activity in Europe’s industrial property market with 6 million sq m of space leased out last year, underpinning a record year in Europe’s industrial property market, said international property consultancy Cushman & Wakefield.
Real estate private equity and advisory firm Area Management Sdn Bhd is building Area Logistics here, the country’s first inner-city mega distribution hub with 1.5 million sq ft of warehouse space, said chairman Datuk Stewart LaBrooy.
BRDB Developments Sdn Bhd plans to launch RM2 billion worth of projects this year – namely in TamanSari in Rawang, Selangor, the Defense Raya Golf and Country Club (DRGCC) in Lahore, Pakistan, and Gateway Wollongong in New South Wales, Australia.
Eupe Corp Bhd’s Novum South Bangsar project saw 70% of its 729 units booked since the project was launched on March 12, said sales and marketing manager Eric Choong.
Iconsiam Superlux Residence Corp Ltd (Iconsiam Superlux) unveiled the first Mandarin Oriental branded residence in Bangkok – a 52-storey tower that sits on 1.9 acres of freehold land and is part of the 20-acre RM5.89 billion Iconsiam integrated development.