Real Capital Analytics: S’pore is top destination for overseas real estate investments in 1H2021
KUALA LUMPUR (Aug 11): Singapore’s real estate investment growth doubled to US$4.
Muar Ban Lee is now Symphony Life’s largest shareholder
KUALA LUMPUR (Aug 10): Muar Ban Lee Group Bhd (MBL) has emerged as the largest shareholder of property developer Symphony Life Bhd, with a combined direct and indirect stake of 17.
Sunway Malls facilitating up to RM200m in working capital to assist retailers as pandemic creates 'cash-flow crunch'
KUALA LUMPUR (Aug 2): Sunway Malls announced today that it is facilitating up to RM200 million in working capital to assist its retailers through financing facilities provided by RHB Banking Group and Credit Guarantee Corporation Malaysia Bhd (CGC).
Deputy Health DG urges calm over higher daily Covid-19 cases in Klang Valley due to more self-testing, antigen kits used
KUALA LUMPUR (July 28): Daily Covid-19 cases are expected to rise in the Klang Valley in the next few days as the Ministry of Health (MoH) encourages more self-testing and the use of antigen rapid test kits (RTK-AG), according to deputy Health director-general Datuk Dr Chong Chee Kheong.
Court of Appeal grants Erinford injunction to Dhaya Maju in KVDT2 project case
PUTRAJAYA (July 26): Dhaya Maju LTAT Sdn Bhd, the company involved in the Klang Valley Double Tracking Phase 2 (KVDT2) dispute, has today been given an Erinford injunction which restrains Keretapi Tanah Melayu Bhd (KTMB) from taking any further action against revoking Dhaya Maju LTAT’s licence to occupy and continue work on the KVDT2 project site.
CMMT NPI up 36.5% in 2QFY21, declares 0.5 sen distribution per unit
KUALA LUMPUR (July 23): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) in the second quarter ended June 30, 2021 (2QFY21) rose 36.
JLL: Asia Pacific real estate investments rise 39% y-o-y in 1H2021
PETALING JAYA (July 22): The investment volume in Asia Pacific commercial real estate reached US$83.
G Capital to buy remaining 40% stake in small hydro rights owner from Perak MB Inc
KUALA LUMPUR (July 20): G Capital Bhd has proposed to acquire the remaining 40% it does not own in Perak Hydro Renewable Energy Corp Sdn Bhd in a share deal that may see Perak MB Inc emerge as a substantial holder of G Capital.
CapitaLand's Ascott acquires properties in Paris and Hanoi for close to RM650m
SINGAPORE (June 22): The Ascott Ltd (Ascott), the wholly-owned lodging business unit of CapitaLand Ltd, has expanded its presence in Paris, France; and Hanoi, Vietnam, by acquiring two properties for about S$210 million (RM647 million), reported The Edge Singapore.
CapitaLand Malaysia Mall Trust gets nod to expand beyond non-retail investments
KUALA LUMPUR (June 14): Unitholders of CapitaLand Malaysia Mall Trust (CMMT) today voted in favour for the real estate investment trust's (REIT) proposal to expand its asset classes to include business parks, logistics facilities, warehouses, distribution centres, data centres and integrated developments.
