KUALA LUMPUR: YTL Corp Bhd launched its Kasara Niseko Village Townhouses in Niseko Village, Japan last Friday.

Being YTL Hotels’ latest development, the townhouses also mark the first Kasara property to be offered in the 1,524-acre (617ha) Niseko Village, which is part of the four ski resorts that flank Mount Annupuri and form the collective Niseko United.

LONDON: New Scotland Yard, the headquarters of London’s storied police force and one of the British capital’s most famous landmarks, has been sold to an Abu Dhabi investor, paving the way for its macabre but private museum to open to the public elsewhere.

The 20-storey block in central London is famous around the globe as the home of the Metropolitan Police Service.

KUALA LUMPUR (Dec 11): CIMB Research has maintained its “Add” rating on Eco World Development Group Bhd at RM3.95 with a lower target price of RM7.35 (from RM7.60) and said Eco World's 13MFY10/14 net profit beat house forecast by 12%.

KUALA LUMPUR: Lifestyle property developer Eastern & Oriental Bhd (E&O) is calling for contractors to participate in a pre-qualification exercise for the reclamation of Phase 2 of Seri Tanjung Pinang (STP2) development in Tanjung Tokong, Penang, after obtaining planning permission from the Penang Town and Rural Planning Department.

KUALA LUMPUR: IOI Properties Group Bhd is facing a major hurdle in acquiring a 37.17% stake in Taipei Financial Center Corp (TFCC), which owns the iconic Taipei 101 building in Taiwan, after the republic’s government said it was opposed to foreign control of the national landmark.

KUALA LUMPUR: Sunway Real Estate Investment Trust (Sunway REIT) plans to acquire Sunway Hotel Georgetown and Wisma Sunway office building for a combined RM134 million from subsidiaries of Sunway Bhd.

In a filing with Bursa Malaysia yesterday, Sunway REIT will be paying RM74 million for Sunway Hotel Georgetown, Penang — a 4-star, 250-room hotel located in Penang.

KUALA LUMPUR (Dec 8): Datuk Kamaluddin Abdullah, son of former prime minister Tun Abdullah Ahmad Badawi, and businessman Datuk Mazlin Md Junid have launched a mandatory takeover offer of property firm Perduren (M) Bhd, controlled by Tan Sri Law Tien Seng, for the remaining 30.7% they do not own.

KUALA LUMPUR: KSL Holdings Bhd is set to end the year with a record high net profit, and its executive chairman Ku Hwa Seng is confident of breaking another record next year.

KUALA LUMPUR: Capital Trend Asia Sdn Bhd (CTA) expects 2.5 million visitors a year to its first retail development, Amerin Mall, in Balakong, Selangor upon completion in 2016.

SINGAPORE: Asians and UK buyers tied as the third-largest buyers in central London, according to Black Brick Property Solutions LLP.

Out of 35 nationalities, Africans formed the majority of buyers at 43.7%, followed by Middle-Eastern buyers at 17.1%, Asians and the UK (10% each).