Nothing in its name suggests tin mining or smelting but that is where the 124-year-old The Straits Trading Company Ltd started back in the Straits settlement days. In fact, in 1912, it was the largest tin-smelting company in the world.

NEW YORK CITY: Foreclosures on co-op apartments in New York City (NYC) reached a two-year high during the second quarter, more than four times in number since the second quarter of 2010.

KUALA LUMPUR: Platinum Victory Property Sdn Bhd has embarked on a 2ha mixed development in Jalan Sultan Ismail with an estimated gross development value of RM2.5 billion.

Known as the Platinum Victory Face Project, it will be developed over three phases. The first will be a 51-storey luxury SoHo (small office home office) tower with a gross development value of RM1 billion.

CapitaMalls Malaysia Trust (CMMT) has been keeping busy. Since the real estate investment trust — a "pure play" shopping mall REIT — was listed in mid-July 2010, it has acquired one property and is in the process of adding another to its portfolio.

KUALA LUMPUR: Atis Corp Bhd's major shareholders and board members have proposed a selective capital repayment exercise that could eventually lead to its delisting from the stock exchange.

In an announcement to Bursa Malaysia on Thursday, Aug 4, the company said shareholders would receive RM1.30 per share under the proposed scheme.

KUALA LUMPUR: Investors looking for exposure to the Penang property market have naturally gravitated to the island, with Eastern & Oriental Bhd (E&O) being the current hot favourite. They have largely ignored the mainland.

KUALA LUMPUR: Platinum Victory Property Sdn Bhd has embarked on a 2ha mixed development in Jalan Sultan Ismail with an estimated gross development value of RM2.5 billion. Known as the Platinum Victory Face Project, it will be developed over three phases.

KUALA LUMPUR: Dubai’s real estate market is showing signs of stabilising, according to the Dubai Real Estate Market Overview for 2Q11 report by real estate investment advisory Jones Lang LaSalle.

KUALA LUMPUR: Trinity Group Sdn Bhd may sell the third phase or Tower C of The Z Residence condominiums in Bukit Jalil, which will be launched tomorrow, through balloting.

KUALA LUMPUR: With an estimated population growth of 2.1% per year and low housing completion, the Australian residential property market is poised to offer investors stable and reliable returns in the coming years. “Australia currently has a rental vacancy rate of less than 2%.