Mapletree Logistics Trust announces 3% rise in 4Q DPU to 1.86 cents
SINGAPORE (April 27): The manager of Mapletree Logistics Trust (MLT) has declared a distribution per unit (DPU) of 1.
Frasers Centrepoint sells DUO hotel and offices in Sydney for S$199 mil
SINGAPORE (April 20): Frasers Centrepoint’s Australian division and JV partner is selling Sydney’s Four Points by Sheraton hotel in Central Park and some associated office space for nearly A$190 million (S$199 million or RM626.
Singapore, Australia, UK the favourite of Malaysians buying overseas homes
KUALA LUMPUR (April 14): Singapore, Australia and the UK are the top overseas home choices for wealthy Malaysians, according to Knight Frank’s Attitudes Survey in the latest edition of its Wealth Report.
Matrix Concepts to focus on Malaysian property market
KUALA LUMPUR (April 13): Matrix Concepts Holdings Bhd is putting its plans to expand its property development business overseas on hold, as it strives to cater to existing demand for properties in Malaysia.
Mulpha’s cyclone-hit Australian resort closed till mid-2018
KUALA LUMPUR (April 12): Mulpha International Bhd’s resort on the Great Barrier Reef in Australia will be closed till mid-2018 for rectification works following “sufficiently extensive” damage caused by Cyclone Debbie on March 28.
Retirement villages have untapped potential in Asia
BESIDES urban regeneration of mixed-use integrated developments, Australian property giant Lendlease has also ventured into senior living, or retirement villages.
Lendlease to play on its strengths as master developer of large-scale regeneration projects
AUSTRALIAN property giant Lendlease’s maiden residential project in Singapore, the 429-unit Park Place Residences at Paya Lebar Quarter (PLQ), saw 215 units (50%) sold on the first day of sales on March 25.
Ascendas REIT completes S$26.5 mil acquisition of Melbourne logistics property
SINGAPORE (April 4): Ascendas Fund Management, the manager of Ascendas REIT, today announced completion of the REIT’s acquisition of Stage 4, Power Park Estate in Melbourne, Australia, from Goodman Dandenong Trust for a purchase consideration of A$24.
GuocoLand marks expansion beyond Asia as JV Eco World International debuts on Bursa Malaysia
SINGAPORE (April 3): SGX-listed property group GuocoLand Ltd has marked its expansion into the UK and Australia via its joint-venture company, Eco World International (EWI).
Mulpha International's Australia hotel damaged by Cyclone Debbie
KUALA LUMPUR (March 31): Mulpha International Bhd said its One&Only Hayman Island hotel along Australia's Great Barrier Reef "incurred significant damage" last Tuesday (March 28) from Cyclone Debbie.
