Vantage Data Centers has announced that it has closed the acquisition of a hyperscale data centre campus located in the Johor-Singapore Special Economic Zone.
Johor Bahru City Square (JBCS) will undergo a multi-year asset enhancement initiative (AEI) in phases starting November, aiming to add more than 50 new retailers by the fourth quarter of 2027 (4Q2027).
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.
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 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.
The property spans 2,444 sq m and has a freehold land tenure.
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).
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 (MLT) has proposed to divest three of its properties in Malaysia for RM157.5 million.
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.
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