Kenanga Research downgrades sector call on REITs to ‘neutral’
Kenanga Research has downgraded its sector call on real estate investment trusts (REITs) to “neutral” from “overweight”.
Kenanga Research has downgraded its sector call on real estate investment trusts (REITs) to “neutral” from “overweight”.
Construction and property firms would be the first beneficiaries of the Johor-Singapore Special Economic Zone (JS-SEZ) that will require everything from utilities to warehouses, and from houses to offices.
Malaysia’s property developers may see their valuations rise further even after 2024’s strong rally, with stocks in the high-risk-high-return sector continuing to perform, said RHB Investment Bank.
Sunway Real Estate Investment Trust (KL:SUNREIT) said on Thursday that it has completed the acquisition of Kluang Mall in Johor for RM158 million.
Epicon Bhd (KL:EPICON) executive chairman Koong Wai Seng is joining Lagenda Properties Bhd’s (KL:LAGENDA) board as an executive director.
Sunway Bhd (KL:SUNWAY) has appointed its independent director Datuk Mohd Anuar Taib to an executive role as deputy president effective Jan 2, 2025.
As Singapore’s property market rebounds from a prolonged lull, Hong Leong Investment Bank (HLIB) said it is “too early to worry” and anticipate any government cooling measures ahead of an election year.
Tropicana Corp Bhd has soft launched Fraser Heights at Tropicana Uplands, Johor.
The consortium came out to explain the variation of its proposal compared to certain requirements underlined by the state in its request for proposal were "best explained and clarified in a face-to-face meeting".
Cheah sold 50 million shares, reducing his direct stake in Sunway to 9.98% from 10.97% previously.