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LaSalle acquires retail site in Marsden Park

SYDNEY (May 26): LaSalle Investment Management (LaSalle), on behalf of LaSalle Australia Club Investments Trust (LACIT), announced that LACIT has acquired a site on which a large format retail will be constructed with the newly created Sydney Business Park, according to a statement by LaSalle today.

The park is located at Marsden Park, 45 kilometres north-west of the city’s CBD.

UEM Edgenta to stay focused in total asset management

KUALA LUMPUR (MAY 26): UEM Edgenta Bhd - formerly Faber Group Bhd - plans to stay focused in total asset management and will see the last of its property development projects once completed in 2017. It is also eyeing to grow its asset and facilities management portfolio in new areas like townships, energy and oil and gas. 

Boustead 1Q net profit plunges 99.8%

Weaker financials notwithstanding, Boustead declared its first interim dividend of 5 sen per share in 1QFY15, which will be paid on June 30, 2015

E&O’s 4Q profit doubles, proposes stock dividend

Moving forward, E&O expects to perform positively, and will continue to increase its efforts to explore new marketing channels and develop new market strategies despite a challenging market