It declared an income distribution per unit (DPU) of 2.06 sen for the quarter, against 2.61 sen in the same period last year.

#GabunganAQRS Bhd, which inked a memorandum of understanding with Singapore-based Tera Capital Pte Ltd to jointly develop its One Jesseltown Waterfront project in Kota Kinabalu, Sabah, may cash in on its hotel and serviced suites there for between RM400 million and RM500 million.

The capital flight to greener pastures abroad from Singapore has slowed to a trickle, amid a turnaround in the property market at home.

Sold for: RM2.6 million; Concluded by: Shimry Wong (REN 06314) of 1TPE Realty Sdn Bhd (014-367 3822); When: March 2017

Gabungan AQRS Bhd has inked a memorandum of understanding (MoU) with Singapore's Tera Capital Pte Ltd to jointly develop its One Jesselton Waterfront mixed development in Kota Kinabalu, Sabah.

BDB group managing director Datuk Izham Yusoff said the two projects — Darulaman Saujana in Jitra and Darulaman Putra in Sungai Petani — is expected to be launched by its wholly-owned BDB Land Sdn Bhd this year, to be developed over the next 10 years.

Amcorp Properties Bhd (AmProp) announced today that it has mutually extended validity of its 50:50 0real estate joint venture (JV) in Spain with Grosvenor Group Ltd to nine years, from five previously.

Mah Sing Group Bhd has launched its M Vertica Sales Gallery located in Cheras today, showcasing two fully furnished show units to potential homebuyers.

The construction works are for a block of 25-storey hotel and office building and two blocks of 53-storey service apartment building on top of an 11-storey podium, with one partial underground level and a three-storey basement.

Country Garden Holdings sold up to US$600 million (RM2.57 billion) of five-year bonds in Hong Kong yesterday.