KUALA LUMPUR: Guocoland (Malaysia) Bhd’s net loss widened to RM5.65 million in its third quarter ended March 31, 2010 (3QFY2010) from a loss of RM3.37 million a year earlier despite a 139.26% jump in revenue to RM42.42 million from RM17.73 million.

KUALA LUMPUR: ACE Market-listed Iris Corp Bhd and Mapletree Industrial Fund Pte Ltd have terminated a proposed disposal and leaseback of two plots of leasehold land in Technology Park Malaysia as terms and conditions of the sale and purchase agreement (SPA) could not be concluded within the agreed negotiation period.

Buys remaining 50% of Starhill Global’s manager

Residential sales buoyed 1QFY2010 results

PETALING JAYA: The upcoming International Real Estate Symposium (IRES) will deliberate on macro dynamics of real estate markets, enabling the expected 200 participants to feel the pulse of the global industry landscape.

ABU DHABI:  The planned capital district of Abu Dhabi will create more than 100,000 jobs for local residents and house some 370,000 people upon completion, according to the Abu Dhabi Urban Planning Council (UPC)

The 4,500 ha district, which forms a part of the ambitious Plan Abu Dhabi 2030, is located between the international airport and Mohammed Bin Zayed City.

KUALA LUMPUR: Iskandar Investment Bhd will continue to seek long-term global investors and partners to spur the progress of the Iskandar Malaysia growth corridor in Johor.

Mah Sing Group Bhd won four awards at the Asia Pacific Property Awards 2010, the most by a
Malaysian developer this year

KUALA LUMPUR: YTL Corp Bhd's indirect unit Starhill Global REIT Management Ltd (SGRM) is acquiring 1.5 million shares and two class “C” redeemable preference share in YTL Pacific Star REIT Management Holdings Pte Ltd (YPSRMH) for S$40 million (RM93.2 million).