The hotel, part of the £80 bil Battersea Power Station development, will be developed by BPSDC and managed by the owner of the art’otel brand, PPHE Hotel Group. The building will be designed by Foster + Partners and set around the historic Grade II-listed Battersea Power Station.

Hunza Properties Bhd is acquiring a 3.924ha piece of freehold land in Bayan Baru, Penang for RM57.02 million cash, on which it intends to build affordable homes.

Minor Hotel Group (MHG), the hospitality unit of Thailand-listed Minor International PCL, has teamed up with Khazanah Nasional Bhd’s Themed Attractions Resorts & Hotels Sdn Bhd (TAR&H) to develop a US$58 million (RM243 million) resort in Desaru, Johor.

IOI Properties Group Bhd is acquiring Mayang Development Sdn Bhd and Nusa Properties Sdn Bhd for RM1.58 billion from the Lee family, under a cash and share deal.

“The key demand drivers remained mainland Chinese firms, which continued to favour Central for setting up offices.”

The Global Real Estate Sustainability Benchmark survey measures the sustainability performance of real estate portfolios globally.

The federal government's Projek Rumah 1Malaysia (1Malaysia Housing Project) or PR1MA in Penang may see the take over of projects by other developers, Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said today.

Its managing director of international operations – Asia, Olivier Berrivin, said the new Vīb hotel will open in 2018. It is located in the centre of Vientiane, close to Lao National Museum, Black Stupa and Patuxai Arch.

Mah Sing Group will be hosting an event for members of the public to register their interest in purchasing a unit of Cendana Apartments, a Rumah Selangorku project, at M Residence 2 @ Rawang.

1MDB Real Estate Sdn Bhd (1MDBRE) yesterday awarded WCT Holdings Bhd a RM754.8 million contract to build infrastructure and roadway works for the Tun Razak Exchange (TRX).