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Nusajaya may soon become smart connected community

KUALA LUMPUR: UEM Land Holdings Bhd and Iskandar Investment Bhd are collaborating with Cisco to develop a master plan to transform Nusajaya into a Smart+Connected Community.

UEM Land and Iskandar Investment aim to establish Nusajaya as a world class benchmark for the design, building and operations of an international Smart City.

27 July, 2011
German-based investment firm looks to invest more in Malaysia

KUALA LUMPUR: Union Investment Real Estate GmbH (UIRE), a German-based international investment firm is looking to invest more in Malaysian real estate in the next 2-3 years. It is looking for office type properties located in Kuala Lumpur.

27 July, 2011
Exit Lane Crawford, in comes Burberry

HONG KONG: British luxury brand Burberry plans to take over a major part of the space that speciality department store Lane Crawford currently occupies in Pacific Place in Admiralty.

27 July, 2011
Crash threatens to derail market

BEIJING: The deadly high-speed train accident in eastern China last Saturday could have a ripple effect through property markets in cities along the new railway lines if Beijing responds by scaling down or delaying investment in the network, according to analysts.

Beijing planned to spend 2.8 trillion yuan (RM1.28 trillion) on the network over five years, ending 2015.

27 July, 2011
Bargain hunters set their sights on Japan

HONG KONG: Four months after the devastating March 11 earthquake and tsunami in Japan, private equity investors from the mainland and the United States are hunting for discounted assets in the Japanese property market.

27 July, 2011
Canadian investors latch onto REIT stuff

TORONTO: Canada's resilient economy, rising rents and easy borrowing are fuelling a buying spree among real estate investment trusts (REITs), highlighted this week by the largest office property deal ever by a Canadian REIT.

27 July, 2011
Land, votes and progress at stake in India's property crunch

GREATER NOIDA (India): On the eastern fringes of teeming New Delhi, construction sites criss-cross vast tracts of cleared farmland in the city of Greater Noida as a stampede of developers rush to build cheaper, suburban apartments for India's swelling urban middle class.

27 July, 2011
PMSC gets jumpstart with Middlesex Uni MoU signing

IPOH: The Perak Medi Super Corridor (PMSC), an ambitious 1,170-acre project in Perak has received an encouraging start with the signing of a memorandum of understanding (MoU) between local healthcare company Mutiara Healthtech Sdn Bhd and UK's Middlesex University to set up a Middlesex University campus there.

27 July, 2011