Rented for: RM58,000 a month (average RM2 psf); Concluded by: Roy Lim (REN 08368) of Khoo Associates Realty (012-431 1122); When: Sept 28, 2016

DBS Group Research says Frasers Hospitality Trust is in a stronger position to pursue acquisition opportunities, following its recent pre-emptive rights issue.

It is still too early to bet on the Genting Bhd group's gain from Japan's parliament passing a landmark bill legalising casino operations there, as a competitive bidding war is expected to be opened up by the development.

Global Oriental Bhd is wrapping up the year with a soft launch of the second phase of its Galleria mid-range serviced apartment,  in Equine Park, Seri Kembangan, on Dec 3.

LBS Bina, through its wholly-owned subsidiary Misi Aktif Sdn Bhd, has worked together with P1 Marine Motorsports to make the 2016 P1 AquaX water sports competition a successful event.

Mapletree Logistics Trust Management, the Manager of MLT, announced on Thursday that the four properties will be acquired from Growthpoint Properties Australia.

The group, which diversified into property development and construction in December 2015, recorded a pre-tax profit of RM300,000 in 1QFY2017, as against a pre-tax loss of RM2.9 million in 4QFY2016.

This is due to the lack of clear timeline for the project from the government.

Consortium says delays in Penang infrastructure project not its doing.

Overall, prices have risen in 44 of the 55 countries tracked by Knight Frank over the past year, resulting a weighted average rate of 5.3% across the Global House Price Index, the highest rate for two years, according to Knight Frank.