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Retailers see a pickup in business on Pokémon Go

WHEN KK Group saw sales at many of its 24-hour KK Super Mart convenience stores and KK Kopitiam surge last weekend, it could not immediately put a finger on what was going on. But, soon enough, the company realised that the latest online gaming craze, Pokémon Go, was contributing to a jump in store traffic and sales.

Zaha Hadid’s first tower in Melbourne unveiled

Melbourne will soon usher in 600 Collins Street — the masterpiece of the world’s most renowned female architect, Zaha Hadid — after the Victorian government approved the $300-million project, Tourism Australia announced in a press release today. The building has also been declared Melbourne’s first “destination tower”.

Tower REIT’s 2Q net income falls 6.36% on lower occupancy rate

The trust’s manager declared an interim income distribution of 3.2 sen per unit amounting to RM8.9 million, representing about 76% of the realised distributable net income for the six months ended June 30, 2016 (6MFY16) which would be paid on Sept 14.

AQRS to get RM500 mil SUKE subcontract

Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).

Sime Darby launches RTO of Japanese REIT, Saizen

The conglomerate, via its indirect wholly-owned unit Sime Darby Property Singapore Ltd (Sime Darby Prop Singapore), will also be taking up an 80% stake in Japan Regional Assets Manager Ltd (JRAM), the manager of Saizen REIT.