Ikhmas Jaya Group Bhd has bagged a contract worth RM62.4 million from Pelaburan Hartanah Bhd to carry out site clearance, earthworks, piling (bore) and pile cap works for a mixed development in Kuala Terengganu.

The Iskandar Regional Development Authority is in the final stages of discussions on the Johor-Singapore Rapid Transit System.

The manager of Manulife US REIT has announced a distribution per unit (DPU) of 1.65 US cents (2.3 Singapore cents) for the first quarter ended March 31, exceeding its projected DPU of 1.52 US cents by 8.6%.

The trustee manager of CapitaLand Commercial Trust (CCT) has entered into an agreement to divest One George Street into a concurrently-formed limited liability partnership – One George Street LLP (OGS LLP), which CCT has established with joint venture partner OGS (II), a special purpose vehicle owned by insurer FWD Group.

Iskandar Malaysia is poised to usher in hefty population and business growth going forward.

Sunway Real Estate Investment Trust (Sunway REIT) says it is on track to achieve its RM10 billion property value target by the financial year ending June 30, 2020 (FY20) — which is just a little over three years away — via both asset enhancement initiatives and acquisitions of new strategic assets.

The low-density project offers 258 units and 23 retail lots. The built-up sizes for the serviced apartment units range from 916 sq ft to 1,537 sq ft with prices from RM450,000.

According to Psaros Development managing director Mike Enslin, the freehold 8-storey East Bank by Psaros will feature 70 1- and 2-bedroom apartments and three commercial units on the ground floor.

Tropicana Corp Bhd has debuted Sinaria, the first commercial phase at the 863-acre Tropicana Aman township in Kota Kemuning, Selangor.

Unitholders of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust will vote today on booting out the REIT’s manager. Here are six questions that might be useful for the market.