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).

Chief Minister Incorporated (CMI) signed a Management Collaboration Agreement with the Aga Khan Trust for Culture (AKTC) and Think City Sdn Bhd today in Chantilly, France.

Many shop owners in century-old premises in Pekan Ampang, Kuala Lumpur, are still in the dark that they may have to make way for a highway project that will cut through the township.

In a joint statement today, the Land Public Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) said these companies and consortia come from across the HSR value chain and include entities based in Malaysia, Singapore, Asia-Pacific, Europe, the Middle East and North America.