JLL Malaysia: KWAP buys KL’s Menara AIA Cap Square
The 41-storey Grade A office building comprises 601,796 sq ft of net lettable space and current tenants include insurance and financial companies such as AIA and Citibank.
The 41-storey Grade A office building comprises 601,796 sq ft of net lettable space and current tenants include insurance and financial companies such as AIA and Citibank.
Cloud Design Sdn Bhd has launched Furmingo, a web-based interior design software platform, aiming to make interior design hassle-free and affordable for everyone.
Property stocks have already reacted negatively to the long-awaited US Fed interest rate hike and are currently trading at 40% discount to RNAV.
CapitaLand’s wholly-owned subsidiary Ascott Operations Eight has acquired the entire issued share capital of Sabden, which owns the hotel, for a cash consideration of 31.3 million euro.
The first phase of the SBK Line was initially targeted for completion on Dec 31.
Ekovest managing director Datuk Seri Lim Keng Cheng said at present, 30% of the components used to produce steel bars for the group are imported.
The group, through its wholly-owned subsidiary YNH Hospitality, said it is currently in talks with PMC for the sale of the five-storey hospital facility.
It is gearing up for four project launches next year.
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.