Sunway buys MCL Land for RM2.4 bil from Hongkong Land
Sunway Group is paying S$738.7 million (RM2.4 billion) deal to buy the Singaporean and Malaysian residential development business MCL Land from Hongkong Land Holdings.
Singapore's CDL completes South Beach stake sale to IOI Properties for RM2.75b
City Developments Ltd's (CDL) wholly owned subsidiary Ascent View Holdings has completed the disposal of its stake in Scottsdale Properties, the holding company of South Beach Consortium.
GuocoLand sells Johor Bahru hotel to YTL for RM150m, confirming The Edge report
GuocoLand is selling a Johor Bahru hotel and the land plot it sits on for RM150 million, and will book a net gain of RM35 million or S$11 million upon completion of the deal.
Parkway Life REIT to divest Malaysian property for RM20m
The property spans 2,444 sq m and has a freehold land tenure.
Keppel DC REIT divests Basis Bay Data Centre in Cyberjaya at 2.6% above valuation
The manager of Keppel DC REIT has announced it is divesting the Basis Bay Data Centre in Cyberjaya, Selangor Darul Ehsan, Malaysia for RM55.6 million (S$16.9 million).
Forest City manages to attract family offices; Johor continues to attract investments
According to the Malaysian Investment and Development Authority (MIDA), 11 companies have expressed interested in setting up operations in Forest City's Special Financial Zone (SFZ) as of November.
Mapletree Logistics Trust to divest three Malaysian properties for RM157.5m
Mapletree Logistics Trust (MLT) has proposed to divest three of its properties in Malaysia for RM157.5 million.
Aspen Group reverses into earnings of RM38m for FY2024
Aspen Group has reversed into earnings of RM38.26 million for the financial year ended June 30, 2024 (FY2024), from a loss of RM195 million last year.
Gamuda, Singapore's QIP form £100m UK student housing JV
The completion of the equity funding will see QIP, alongside UK-based co-developer Hurlington Capital, develop a new 299-bed purpose-built student accommodation in Woolwich, London.
GuocoLand chairman Quek Leng Chan buys own shares from market at S$1.43 each
The Malaysian tycoon first bought 98,700 shares on March 4, and on March 14, he bought another 2,100 shares.
