KUALA LUMPUR: Pelaburan Hartanah Berhad (PHB), a subsidiary of Yayasan Amanah Hartanah Bumiputera, has added to its completed property asset with the acquisition of the nine-storey DEMC Specialist Hospital in Shah Alam, Selangor on Tuesday, Oct 18.

SINGAPORE: As of September this year, Iskandar Malaysia recorded a total cumulative committed investment of RM77.82 billion from various sectors.

Iskandar Regional Development Authority (IRDA) chief executive Ismail Ibrahim said of this total, 60% (RM46.63 billion) was domestic investments with the remaining 40% (RM31.19 billion) coming from overseas.

KUALA LUMPUR: Privately-held Najcom Sdn Bhd and its joint-venture partner UEM Group Bhd are understood to have bagged the contract to build the women and children's hospital in Kuala Lumpur costing between RM700 million and RM900 million, sources said.

KUALA LUMPUR: About 39,000 sq ft was acquired by gourmet supermarket chain Village Grocers at Mah Sing Group's M City along Jalan Ampang's Embassy Row for RM36 million on Tuesday, Oct 18, the group said.

HONG KONG: The eurozone debt crisis and fears of a US recession have doomsayers unsurprisingly pricing in another global financial meltdown. More of a surprise is that they are taking no chances on China.

LONDON: Shoreditch is set to be home to a "mini Bond Street" as luxury fashion houses Christian Louboutin, Ralph Lauren and Vivienne Westwood home in on London's east end, setting the stage for a possible doubling of rents over five years.

HONG KONG: Property analysts have raised doubts about the success of establishing a new central business district in Kowloon East, saying it may take a decade before the area will be ready for development.

HONG KONG: Home sales rebounded significantly last week after confidence was boosted by Chief Executive Donald Tsang Yam-kuen's announcement of a raft of housing measures, but analysts said the bounce was likely to be brief.

LONDON: Surging demand from investors in Britain means developers are starting to market schemes there ahead of Hong Kong or other destinations.

This reverses a trend of the past 18 months to market British schemes off-plan in Hong Kong, Singapore and on the mainland before Britain.

BANGKOK: Privately-owned hotel investment company Red Planet Hotels plans to raise US$100 million (RM310.46 million) from its shareholders to help finance a planned foray into China's competitive budget hotel sector.