MIDF Research has maintained its “buy” call on Pavilion Real Estate Investment Trust (Pavilion REIT) with a revised target price (TP) of RM1.48 (from RM1.63) and revised its FY2023F/2024F/2025F earnings forecast lower by 13.9%/8.9%/8.5% to factor in the higher property expenses.

The Public Works Department (JKR) has set a target to achieve 70% usage of building information modelling (BIM) in its projects this year and 90% usage by 2025.

Pavilion Real Estate Investment Trust's (Pavilion REIT) net property income (NPI) for the third quarter ended Sept 30, 2023 (3QFY2023) rose 34.5% to RM121.35 million, from RM90.22 million a year earlier, following the inclusion of income from newly-acquired Pavilion Bukit Jalil.

Fire protection equipment supplier Fitters Diversified Bhd is disposing of an 8.05-hectare freehold land in Cameron Highlands for RM15 million, with an estimated gain on disposal of RM12.35 million.

Whether you are a first-time homebuyer or aspiring property investor, buying a house can give anyone a serious case of the heebie-jeebies.

The Ministry of Transport (MOT) intends to initiate negotiations for the continuation of the current Keretapi Tanah Melayu Bhd (KTMB) Tebrau Shuttle service from Johor Bahru to Singapore, even after the Rapid Transit Service (RTS) begins its operations.

The commencement of design and development work for the open payment system serving the rapid rail network under Prasarana Malaysia Bhd is expected to begin in March 2024,  according to Transport Minister Anthony Loke.

Master Builders Association Malaysia (MBAM) and the Real Estate and Housing Developers' Association (Rehda) Malaysia have urged the government to address concerns caused by the construction materials supply chain disruption, in the aftermath of the recent lorry drivers’ strike, according to a joint statement by MBAM president Oliver HC Wee and Rehda Malaysia president Datuk NK Tong, issued on Wednesday (Oct 25).

Gamuda Bhd is a step closer to achieving its orderbook target of RM25 billion in the next three to 15 months, following recent job wins from Taiwan’s Kaohsiung City government worth RM3.45 billion, according to analysts.

They say information is power and information gives you the edge. This fact is not lost on Worldtree Properties.