In Depth

Two major property players expanding landbank

The slowdown in the real estate market does not seem to have deterred property-related companies from buying more land. This could be due to the belief that as land is scarce, they should move fast if an opportunity arises.

Al-Salam REIT to benefit from JB-Singapore RTS

Al-Salam REIT has a good combination of young and stable assets such as QSR Properties and KFCH International College (under triple net and step-up long leases) anchoring the earnings base, while newly refurbished Komtar JBCC provides much room for rental to play catch-up.

Mitrajaya to acquire land in South Africa

The land is located at the Western Suburbs of Pretoria, which is in close proximity to the Lansaria Airport and just north of the N14 Highway. It takes about 20 minutes’ drive from Blue Valley Golf & Country Estate via the R562 or R55 roads.