KUALA LUMPUR: Am ARA REIT Managers Sdn Bhd (Am ARA), the Manager of AmFIRST Real Estate Investment Trust, saw its gross revenue for the third quarter ended Dec 31, 2009 (3QFY2010) grow by 5% to RM24.69 million from RM23.51 million the previous year on improved performance. This was mainly attributable to income from new lettings and positive tenancy renewals.

KUALA LUMPUR: Triplc Bhd, a company under the local bourse property index, saw its net profit for the second quarter ended Nov 30, 2009 (2QFY2010) plunge 80.6% to RM250,000 from RM1.3 million a year earlier.

GEORGE TOWN: E & O Property Development Bhd's Quayside Seafront Resort Condominium (pictured) project is on course to be launched next month.

Amyrta Sen, the Nobel Prize winner for economics, was asked in an interview during the celebration of a city-state's independence day his view of city states. His comments were an insight into his thinking.

KUALA LUMPUR: MGPA Asia Developments (MGPA) is in talks with two multi-national companies for an anchor tenant position for an office tower in its landmark redevelopment project in Jalan Tun Razak, said a top company official.

KUALA LUMPUR: Construction outfit, Fajarbaru Builder Group Bhd, is looking to acquire landbank in the Klang Valley towards venturing into the property development business, besides bidding for larger and more sophisticated construction projects.

KUALA LUMPUR: The spotlight is expected to fall on Malaysian construction firms when Prime Minister Datuk Seri Najib Razak leads a 200-member entourage for a five-day visit to India beginning tomorrow.

Amyrta Sen, the Nobel Prize winner for economics, was asked in an interview during the celebration of a city-state's independence day his view of city states. His comments were an insight into his thinking.

WingTai Asia has to date completed about 70 projects offering mid-range to high-end properties in Singapore, Hong Kong and Malaysia. With economies showing signs of recovery from the impact of the global financial crisis, the group foresees a more exciting year ahead with several new launches lined up.

Surprise is the word to sum up the Malaysian retail industry in 2009. While some retailers suffered in view of the challenging times, others turned in a better performance than in 2008.