UOA Development Bhd is ready to scale new heights with its upcoming listing on the Main Market of Bursa Malaysia. The company expects to launch its prospectus and complete its listing by June 2011.

Datuk Maznah Hamid and her husband Datuk Shaheen Mirza Habib are no strangers to the corporate world. Their company Securiforce Group, which they founded in 1980, is the largest security service provider in the country and has strong business ties with financial institutions.

Try pitching US real estate to any investor. If they do not shut you off or politely excuse themselves, they probably know a thing or two about current market conditions — New York in particular.

KUALA LUMPUR: The listing of UOA Development Bhd (UOAD) on Bursa Malaysia will offer investors an opportunity to invest in a good fundamental stock, riding on the sustained sector upcycle.

RHB Research Institute Sdn Bhd, in a research note on Friday, June 3, said the listing would potentially make it one of the top five listed property developers in Malaysia.

VANCOUVER: The rising price tags on luxury houses in Vancouver are a sign of China's  expanding wealth as Chinese buyers seek a home for cash in the face of property investment curbs at home.

CARACAS: The hillside slum of "Las Mayas" provides both great vistas of Caracas and an ideal view of a housing crisis shaping into a major battleground for Venezuelan President Hugo Chavez's re-election bid.

Along one side of the once-forested slopes, shacks of corrugated iron, wood and mud cling precariously to land that erodes a little bit further whenever it rains.

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) line-up may be amended, at the mid-year semi-annual periodic review, to include Malaysia Marine and Heavy Engineering (MMHE) Bhd and UEM Land Bhd as possible new index constituents.

KUALA LUMPUR: The Setia City Mall in S P Setia Bhd's Setia Alam township has signed on tenants for over 75% of its net lettable area (NLA) to date. The mall has over 740,000 sq ft NLA. About 160 tenants out of a possible 250 have already signed on a year before the mall's opening.

KUALA LUMPUR: The worldwide office real estate market continues to recover as indicated by CB Richard Ellis Group Inc's (CBRE) latest Global Office Rent Index and Global Office Capital Value Index.

KUALA LUMPUR: Following more than two months of exclusive member previews, UOA Development Bhd has opened sales of its Camellia Serviced Suites in Bangsar South to the public.

According to David Khor, development division chief operating officer, the residences are recording encouraging sales despite the fact that the project has not been officially launched.