Investor confidence and demand shaken by Brexit woes could see UK commercial property values fall by more than 25%, while London home prices could be hit harder with a decline of more than 30%, analysts with Société Générale predict.

Naim-Gamuda joint venture (JV) (a JV with Naim Engineering Sdn Bhd) was awarded a Pan Borneo highway construction package from Lebuhraya Borneo Utara Sdn Bhd which is the project delivery partner for the highway. The Naim-Gamuda JV is 70% controlled by Naim Engineering Sdn Bhd and 30% by Gamuda Bhd.

Pavilion Real Estate Investment Trust’s (REIT) first half ended June 30, 2016 (1HFY16) realised net profit of RM121 million (+1% year-on-year [y-o-y]) came within our and consensus expectations, accounting for 45% and 46% of forecasts. 

The country's biggest township is being swallowed by the sea, tearing the heart out of one of the capital's liveliest neighbourhoods and leaving the government struggling to rehouse thousands of displaced residents.

The top 15 condos with the highest yields in 2015 shortlisted.

SCH Group Bhd registered third quarter of financial year 2016 (3QFY16) net profit of RM700,000, soaring six-fold quarter-on-quarter (q-o-q), but down 66.7% year-on-year (y-o-y). Its nine months of FY16 (9MFY16) results with net earnings of RM2 million, down 72.2% y-o-y, were below our estimates, accounting for 37% of our FY16 forecast.

After a quiet start to the year, launch activities picked up greatly in 2QFY16.

Meanwhile, the Mid Valley Southkey Megamall in Johor is on track to meet its target completion by end-2018.

WCT has an external outstanding order book of RM4.1 billion, with an earnings visibility of two to three years.

KKB’s 70% share of the contract amounts to approximately RM900 million.