BHS Industries hopes for turnaround in FY2017 with GTP Pekan project
KUALA LUMPUR (Dec 20): BHS Industries Bhd is hoping to turn itself around in the financial year 2017 (FY2017) by diversifying into the construction and property business.
GSH Corp says in talks to sell unnamed asset on SGX query
SINGAPORE (Dec 20): Property developer GSH Corporation, which has seen its share price nearly double over the last two months, is in talks to sell an asset it did not name.
F3 Capital hands over Selayang18
SELAYANG (Dec 19): F3 Capital Sdn Bhd today announced the completion and handover of its latest mid-end serviced apartment development, Selayang18 in Selayang, Selangor.
Amanah Raya Bhd aims to double ARREIT’s fund size in 3 to 5 years
KUALA LUMPUR (Dec 19): The strategic collaboration between Amanah Raya Bhd and Japan’s largest independent real estate asset management company Kenedix Inc, will enhance its real estate investment trust (REIT) segment and double the fund size or asset value of AmanahRaya REIT (ARREIT) from RM1 billion to RM2 billion, within three to five years.
Kuala Lumpur up 14 places as most expensive city for expatriates
KUALA LUMPUR (Dec 16): Kuala Lumpur is up 14 places to 192nd place on the list of most expensive cities for expatriates in ECA International's global ranking, according to its latest cost of living survey.
JLL Malaysia: KWAP buys KL’s Menara AIA Cap Square
PETALING JAYA (Dec 16): Malaysia’s second largest pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has bought Kuala Lumpur’s Menara AIA Cap Square from Germany’s Union Investment Real Estate GmbH (UIRE).
Declining affordability, high inventory to be a drag on property prices in S'pore
SINGAPORE (Dec 16): CIMB expects the affordability of Singapore homes next year to be eroded on the back of higher mortgage rate as interest rates inch up further.
CapitaLand’s Ascott acquires Dublin hotel for S$83.6 mil
SINGAPORE (Dec 16): CapitaLand on Friday announced that wholly-owned serviced residence business unit The Ascott has acquired Temple Bar Hotel in Ireland capital Dublin for 55.
Too early to bet on Genting's gain from Japan's casino bill
KUALA LUMPUR (Dec 15): It is still too early to bet on the Genting Bhd group's gain from Japan's parliament passing a landmark bill legalising casino operations there, as a competitive bidding war is expected to be opened up by the development.
Mapletree Logistics Trust to acquire 4 properties in Australia for S$152 mil
SINGAPORE (Dec 15): Mapletree Logistics Trust is set to expand further in Australia, with the proposed acquisition of a portfolio of four logistics properties in Victoria for a total of A$142.
