DONE DEAL: Shop at Publika, Solaris Dutamas, Kuala Lumpur
Rented for: RM6,000 a month (RM3.90 psf); Concluded by: Daniel Wong (REN 01967) of Sang Associates (013-386 8108); When: December 2016
Rented for: RM6,000 a month (RM3.90 psf); Concluded by: Daniel Wong (REN 01967) of Sang Associates (013-386 8108); When: December 2016
“Improvement [was] seen in all quarters,” says RHB analyst Vijay Natarajan in a Wednesday report. “We expect MUST to continue benefitting from the strong underlying fundaments in the US office market with its strategically located three freehold US office properties.”
ARA Asset Management, the Singapore manager of REITs, is said to be eyeing the purchase of 320 Pitt Street, a major tower located in Sydney’s central business district which is being sold by a fund managed by Propertylink Group.
Sime Darby Property, Kumpulan Wang Persaraan (Diperbadankan) and Brunsfield Development Sdn Bhd have signed a Memorandum of Understanding to lead the development of Malaysia Vision Valley.
Ekovest Bhd, which saw its share price plunge as much as 29.4% today, said it views the sell-down as a "temporary phenomenon".
The East Coast Rail Link is expected to help create RM50.1 billion of gross domestic product impact, says Malaysia Rail Link Sdn Bhd.
MRCB-Quill REIT posted a 39.9% increase in net property income for the first quarter ended March 31, 2017, owing to higher revenue.
The Bank of Maldives has put Mahadhdhoo Island in Gaafu Alifu Atoll, Maldives up for sale.
As at noon, the counter pared some losses to trade at RM1.19, down 24 sen or 17%, with some 167.7 million shares changing hands.
The REIT declared 2.37 sen of distribution per unit (DPU) for the quarter ended March 31, 2017 (3QFY17), comparable with the same period a year ago, payable on June 6. This brings its DPU for the first three quarters of FY17 (9MFY17) to 6.92 sen per unit, from 7.06 in 9MFY16.