KUALA LUMPUR: A record 61 nationalities bought property in London in the 12 months to end-February, according to Knight Frank’s Prime Central London Index for February 2011.Knight Frank LLP Residential Research head Liam Bailey said Spanish buyers accounted for the highest sales volume with a 340% growth in the past 12 months to February 2011, followed by buyers from Uzbekistan with an increase

PETALING JAYA: The submissions of projects for Green Building Index (GBI) certification have jumped substantially in the last six months, indicating the rising interest among developers to build green. “From August 2010 until February, we received about 60 new registrations, bringing the total to about 150 projects.

KUALA LUMPUR: Sunway City Bhd (SunCity) has received the ISO 14001:2004 Environmental Management System certification for the Development of Residential, Commercial and Industrial Properties issued by Sirim QAS International Sdn Bhd for sustainable business practises.

KUCHING: The Sarawak government's decision to rescind the compulsory acquisition of Bako land, near here, is not a political gimmick, said Sarawak Deputy Chief Minister Dr George Chan.

IPOH: The Perak government has asked Chinese independent schools, Islamic religious schools and the Perak Foundation to settle premium payments for farmland given to them last year to help fund their yearly expenses.

KUALA LUMPUR: Financial institutions should be more open in providing financing to help small and medium enterprises (SMEs) venture into green technology infrastructure.

KUALA LUMPUR: HwangDBS Vickers Research has maintained its "buy" call on S P Setia Bhd and increased the target price to RM7.90 from RM5.96.

In a research note on Thursday, Mar 3, HwangDBS said S P Setia was expected to increase its land bank with the coming RM1.1 billion placement and record RM1.8 billion unbilled sales.

KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT), the owner of three shopping malls, is anticipating to increase its portfolio this year riding on its confidence in financing yield-accretive acquisitions.

Share prices of Sunway Holdings Bhd and Sunway City Bhd (SunCity) have been falling in the market recently, raising the question of whether investors are feeling jittery about the impending merger between the two companies.

SINGAPORE: Singapore is seeing growing interest from Mainland China as the number of Chinese buyers hit a record high of 19% of foreign purchasers in 2010, up from the previous high of 15% in 2009, according to the latest DTZ Singapore Property Times.

In another record high, Chinese buyers accounted for 23% of foreign purchasers in 4Q2010, up from 20% in 3Q2010.