KUALA LUMPUR: AmFIRST Real Estate Investment Trust (AmFIRST) may enlarge its portfolio value by over 20% by the end of this financial year (FY2012) if it holds any fundraising exercises this year, said Lim Yoon Peng, CEO of the fund's manager Am ARA REIT Managers Sdn Bhd.

LONDON: Britain's rich are selling up and moving out of the smartest neighbourhoods of their own capital city, replaced by a wave of super-rich migrants who have more money to spend on high end property, new research found.

BEIJING: Chinese banks extended fewer new loans than expected in May, while broad money supply growth hit a 30-month low, as the government kept its foot on credit brakes in a bid to tame persistent inflation.

Rising demand for medical services to treat ageing Baby Boomers, combined with shifts in approaches to treatments to curb rising costs, will significantly increase the need for new and refurbished medical office buildings in the decades ahead, according to The Outlook for Health Care, published by Los Angeles

An entire level of The Landmark in Central, Hong Kong, is being converted into a shopping destination tailored specifically for men in a bid by owner Hongkong Land to keep the centre’s status as one of the city’s leading upmarket malls.

The 15-minute drive from the airport in Bayan Lepas to Weld Quay in the heart of George Town, Penang, transports us into a world of colonial buildings and pre-war shophouses.

Puchong folks may well see the area’s tallest building to date if a proposed 35-storey serviced apartment tower in the Tiara Mutiara development becomes a reality.

KUALA LUMPUR: Olympia Industries Bhd is disposing of 15.25 ha of freehold land in Johor Bahru for RM80 million cash to Adawan Development Sdn Bhd in a move to reduce its debts.

KUALA LUMPUR: Magna Prima Bhd's 10.86 acre Seri Jalil landed residential project in Bukit Jalil saw all 107 units of homes taken up within hours of the official launch on Friday, June 10.

The freehold RM126.5 million gated and guarded project residential offers 83 units of 2½-storey super link houses and 24 units of 2½-storey semi-link villas priced from RM957,000 to RM1.97 million.

KUALA LUMPUR: Property developer Mutiara Goodyear Development Bhd plans to undertake a commercial and residential project with gross development value of RM1.2 billion on the prime land it is acquiring from UDA Holdings Bhd.

The 1.4ha (3.6 acre) freehold site near the Sheraton Imperial Hotel along Jalan Sultan Ismail in Kuala Lumpur has been valued at RM215.5 million.