LONDON: The BBC has put its landmark Television Centre broadcasting hub up for sale under plans to cut its property holdings by 30%.

The disposal of the 51 year-old building in London's White City district could raise more than £300 million (RM1.49 billion) for the publicly-funded broadcaster.

CapitaMalls Malaysia Trust (June 13, RM1.17)

Sunway Holdings Bhd (June 13, RM2.56)

MELBOURNE: For S P Setia Bhd, the next phase of growth could be coming from Down Under.

The property group will be launching its maiden property venture in Australia, Fulton Lane, that has an estimated gross development value (GDV) of A$470 million (RM1.5 billion) in September.

London: An estimated foreign capital of over £3.3 billion (RM16.3 billion) is being injected into the London property market annually, according to a report by Savills. In addition to that, a further £0.4 billion is expected to fuel its newly-built stock.

KUALA LUMPUR: The loan stocks of Malton Bhd lost 29.6% of the value when they commenced trading on Monday, June 13.

At 4.02pm, Malton-LR was down 8.2 sen to 19.5 sen with 10.85 million units done. It shares fell three sen to 52.5 sen with 6.26 million shares done.

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