KUALA LUMPUR: Tan Sri Danny Tan is creating a new property flagship in Singapore-listed Albedo Ltd through an asset injection exercise valued at S$774.17 million (RM1.96 billion), a deal that is larger than the current market capitalisation of his Malaysia-listed Tropicana Corp Bhd of RM1.71 billion.

KUALA LUMPUR: While it is just about to launch its first property project in London this week, IJM Land Bhd said it has been offered a string of other opportunities in the UK capital.

KUALA LUMPUR: Ekovest Bhd, the construction outfit of Tan Sri Lim Kang Hoo, is transforming itself from being a land reclamation contractor into a more serious property play.

KUALA LUMPUR: Felda Investment Corp (FIC) UK Properties last Thursday launched the Grand Plaza serviced apartments, a London asset it acquired on Sept 4 for £98 million (RM496.3 million).

It was launched by Federal Land Development Authority chairman Tan Sri Mohd Isa Abdul Samad.

KUALA LUMPUR: Several counters seen as emerging property plays have drawn interests as investors were found scouting for stocks they believed could be good bargains with strong upside potential.

PROPERTY developers launching in Medini will be up against stiff competition as more projects take off in the business precinct of Iskandar Malaysia's Flagship A.

PETALING JAYA: The average price of a hotel room around the world rose by 2% in the first half of 2013 (1H13), compared with the same period a year ago, according to the latest Hotels.com Hotel Price Index (HPI). The report noted that average prices are now close to their 2006 levels, before the global financial crisis began.

MOSCOW: The Malaysian-designed 598ha Kazan Smart City in Kazan, Russia, received the Russian 2013 Fiabci Prix d'Excellence award for the Master Plan category, recently. Designed by AJM Planning and Urban Design Group Sdn Bhd and Straits Consulting Engineers Sdn Bhd, Kazan Smart City is developed by Tatarstan Development Corp (TDC) and aims to attract international investors to Russia.