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UPDATE: PRG eyes Myanmar, Philippines

PRG managing director Datuk Lua Choon Hann said it is now a good time to enter Myanmar and the Philippines as demand for affordable housing and infrastructure in these countries is strong.

Investors favour real estate, private equity and hedge funds

The real estate sector may deliver better returns than bonds, but investors should be patient and selective when looking at new property allocations, according to the Global Alternatives Survey 2016, published by Willis Towers Watson, a leading global advisory and broking and solutions company headquartered in London.

Sizing up SC’s proposed changes to REIT rules

REAL estate investment trusts (REITs), as prospective property buyers, not only provide a new source of deals but is also an avenue for banks to cut property-related lending exposure as developers raise cash from property disposals to relieve their stretched balance sheets.

PRG in Selangor housing project JV

PRG said its wholly-owned subsidiary, Premier Gesture Sdn Bhd, signed the development JV agreement with Baycity for the project on a leasehold 2.6ha (6.48 acre) tract. Baycity owns the land.

Five reasons to NOT participate in EC World REIT’s IPO

EC World will be the third REIT to be floated in Singapore this year. The trust hopes to raise up to S$450 million (RM1.3 billion) with its initial portfolio of six e-commerce and logistics properties located in Hangzhou, China.