Editor's Pick

CMMT’s 4Q NPI down 16.5% q-o-q, pays 3 sen DPU for FY20

The poorer performance was due to the reintroduction of conditional Movement Control Order from Oct 14 last year, which resulted in lower shopper footfalls that affected tenants’ businesses, amid lower occupancies. It also extended targeted rental rebates to the affected tenants.

LAD to be calculated from collection of ‘booking fee’ — Federal Court

In a landmark decision on Jan 19, 2021, the Federal Court has delivered its grounds of judgement in respect of the case of PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah & Another & 6 Other Appeals. It has finally clarified the legal position as to when time starts to run, in respect of VP of the property.

Richard Branson's youthhood home up for sale

The English home where the self-made billionaire grew up in sits on a 1.4-acre plot in Shamley Green, a conservation village in the Surrey Hills Area of Natural Beauty.