SYDNEY: Westfield Group, the world's largest shopping mall landlord by market value, is not yet ready to make major new investments in the United States, co-managing director Peter Lowy said Feb 17.
TOKYO: Morgan Stanley may hand over to creditors its $2.4 billion investment in a chain of Japanese hotels when the debt becomes due in April, the Wall Street Journal said Feb 17, citing people familiar with the matter.
NEW DELHI: Demand for residential property is expected to pick in the next six months, with prices likely to increase by up to 10%, Cushman & Wakefield (India) executive director, Ravi Ahuja said recently.
KUALA LUMPUR: Peter’s Holdings, the developer of condominium project 1120 Park Avenue along Old Klang Road in Kuala Lumpur is offering an Easy Zero Payment Campaign (EZPC) scheme to its purchasers. It is believed to be the first such package done for the medium-cost property sector.
The year 2010 is the Year of the Metal Tiger. It is called the ©°±G year where the character ©° (geng) is the heavenly stem of yang metal. The Chinese character of ±G (yin) is the earthly branch of yang wood. When these two characters are combined, the end-result is Metal Tiger.
Although it was not spared the global credit crunch, the Malaysian property market has been resilient and we see further growth.The “stem” of the year 2010 is “geng” (yang metal ©°) while the root is “yin” (yang wood ±G). When the stem and root are put together, the sound consonance is wood. East represents wood and west metal; metal contrasts with wood.