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Mah Sing opens office in Shanghai

SHANGHAI (Feb 14): In view of the strong interest among Chinese investors towards  Malaysian properties, Mah Sing Group Bhd has opened a representative office in Shanghai to expand its reach in China.

Hektar REIT revenue up 4.4% in FYE2011

KUALA LUMPUR (Feb 14): Hektar Real Estate Investment Trust (Hektar REIT)'s revenue for its financial year ending Dec 31, 2011 (FY2011) has risen 4.4% to RM94.9 million year-on-year (y-o-y).

SEGi in positive move to acquire land at Sepang

KUALA LUMPUR (Feb 14): OSK Research Bhd sees SEG International Bhd's (SEGi) land acquisition move at Sepang as being positive, reflecting the management's confidence in further expanding its student base.

"The land purchase would likely form the foundation of its next growth phase," said OSK Research in a research note on Tuesday.

Global real estate markets makes progress as rents continue to rise

KUALA LUMPUR (Feb 13): While economic uncertainty still affects the main commercial real estate centres around the world, overall global real estate markets are showing steady improvements, according to Jones Lang LaSalle (JLL) in their latest Global Office Index and Global Market Perspective reports.

City&Country: Buying abroad

The higher cost of real estate in the Klang Valley and Penang and the appreciation of the ringgit against foreign currencies such as the pound has heightened the allure of foreign property. “Buying a property outside the country is not new but momentum has picked up in recent years,” notes Ian Chen, CEO of Jalin Realty International Pte Ltd.

City&Country: Quill stays ahead with sophisticated developments

Quill Group of Companies is a familiar name in the property industry, but what might not be known is that the company had started off as an interior design outfit called Quill Design. In fact, its first office was a tiny 100 sq ft space and its first design project was worth just RM3,800.

WTW: Investment potential in REITs and plantation land

KUALA LUMPUR (Feb 10): Property investors can opt for Real Estate Investment Trusts (REITs) and plantation land as alternative investments, suggested Foo Gee Jen, managing director of CH Williams Talhar & Wong Sdn Bhd (WTW).

Takeover offer for Mahajaya at 85 sen each

KUALA LUMPUR (Feb 10): Property developer Mahajaya Bhd has received a notice of conditional takeover from a group of joint-offerors, made up from its major shareholders, to acquire the remaining 75.56 million shares representing a 27.57% stake they do not own in the company at 85 sen each. The offer valued the whole of Mahajaya at RM232.9 million.