KUALA LUMPUR (Jan 19): Guocoland Bhd's net profit more than halved to RM40,000 for 2QFY12 ended Dec 31, 2011 from RM1.04 million. Revenue was lower at RM27.7 million against RM30 million in the previous corresponding period.

KUALA LUMPUR (Jan 19): Quill Capita Trust (QCT), which is managed by Quill Capita Management Sdn Bhd, posted RM8.07 million in net profit for 4QFY11 ended Dec 31, up 6.4% from RM8.12 million a year ago due to higher property operating expenses.

BEIJING (Jan 19): China's course through the most testing economic conditions since the global financial crisis is getting bumpier, as data on Wednesday showed stuttering investment flows, tight credit and falling home prices coinciding with a difficult trade outlook.

Axis REIT (Jan 18, RM2.73)

LONDON (Jan 18): Chinese investors are buying British farmland. Though the sums involved are modest compared to the billions they spend on agricultural land in Africa, Latin America, and the United States, they are expected to grow.

HONG KONG (Jan 18): Falling rents are giving tenants a chance to upgrade at lower cost.

HONG KONG (Jan 18): The Housing Society's new private residential project Heya Green — due to go on sale this year — is expected to be priced at a level that will prove attractive to buyers and agents.

HONG KONG (Jan 18): Home sales in the secondary market picked up modestly last week as owners cut prices to speed up sales.

Midland Realty said 74 sales were concluded at 35 selected housing estates during the week from Jan 9-15, up from 67 the previous week.

KUALA LUMPUR (Jan 18): Malaysia Building Society Bhd (MBSB) aims to increase revenue contribution from east Malaysia to 30% this year from more than 20% in 2011, said CEO Datuk Ahmad Zaini Othman.

KUALA LUMPUR (Jan 18): Bina Puri Holdings Bhd has secured its much-awaited Pakistan highway concession contract.

The project, worth 24.93 billion rupees (RM864 million), is for the construction of the Karachi-Hyderabad Motorway (M-9) in Pakistan, after which it will hold the concession for 28 years.