JAKS Resources to participate in Italy solar photovoltaic project
JAKS Resources Bhd has teamed up with a Germany-based renewable energy company to participate in a solar photovoltaic project with an installed capacity of 63.3 MW in Tuscany, Italy.
Latest
Axis REIT net property income slips in 2Q, declares 2.05 sen income distribution
Axis Real Estate Investment Trust’s (Axis REIT) net property income (NPI) fell 7.58% to RM58.43 million in the second quarter ended June 30, 2023, from RM63.23 million a year earlier, due to lower property income, higher expenses and lower gains on financial liabilities.
Tanco’s unit secures construction work for Rumah Selangorku project for RM82.76 mil
Tanco Holdings Bhd’s unit has secured a contract for the construction of a Rumah Selangorku project from Win Global Builder Sdn Bhd (WGBSB) for RM82.76 million.
Ekovest signs tripartite MOU with Chinese parties to explore cross-border collaboration
Ekovest Bhd has signed a tripartite memorandum of understanding (MOU) with China-based parties to explore cross-border socio-economic strategic collaboration.
IGB Commercial REIT reports marginal increase in 2Q property income, plans 1.74 sen distribution per unit
IGB Commercial Real Estate Investment Trust, the country's largest standalone office REIT by net lettable area, reported a marginal 3% increase in its net property income for its second quarter ended June 30, 2023 (2QFY2023) to RM31.11 million from RM30.08 million a year ago, as it recorded higher revenue on higher occupancy rate.
IGB REIT's 2Q net property income drops 2.76%, declares 2.37 sen DPU
IGB Real Estate Investment Trust’s (REIT) net property income (NPI) for the second quarter ended June 30, 2023 (2QFY2023) fell 2.76% to RM102.79 million, from RM105.72 million a year ago, due to higher utility expenses and higher reversal for impairment of trade receivables in the same period last year.
DONE DEAL: Office unit, Desa Aman, Kuala Lumpur
Noteworthy:
- Rented
- Built-up size: 2,088 sq ft
- Land size : 2,088 sq ft
- 0 bedrooms, 2 bathrooms
- Unfurnished
- Nearby amenities: Restaurants, banks, commercial offices, schools, EkoCheras Mall,Cheras Leisure Mall, MRT Taman Mutiara
- Accessibility: Kesas highway,MRR2, East-West Link expressway
When: May 2023
KL Fringe and KL City office markets to thrive in 2023, says JLL
Demand for offices in KL Fringe and KL City submarkets will continue to be high for the second quarter of 2023, according to JLL Property Services (M) Sdn Bhd’s Greater Kuala Lumpur Property Market Monitor 2Q2023.
KLIA Ekspres train frequency raised to every 20 minutes starting Aug 1
Come Aug 1, KLIA Ekspres trains that connect KL Sentral to KLIA Terminal 1 and 2 will run every 20 minutes every day, including national holidays, said its operator Express Rail Link Sdn Bhd (ERL).
Ideal Property Group inks deal with lithium battery maker to develop Penang Technology Park
Penang-based Ideal Property Group has inked a memorandum of understanding with lithium battery separator industry player ShenZhen Senior Technology Material Co Ltd to develop Penang Technology Park (PTP)@ Bertam.
