AEON BiG getting smaller
MORE than four years after Japanese retailer AEON Co Ltd took over France-based Carrefour’s loss-making business in Malaysia, it is still struggling to improve its bottom line.
Korean fashion brand The Twee to open first SEA flagship store at KL Gateway Mall
PETALING JAYA: Korean fashion retailer The Twee will open its first flagship store in South East Asia (SEA) at KL Gateway Mall.
The Estate in South Bangsar coming to the market at year end
THERE is no doubt Bon Estates Sdn Bhd’s stylish new show gallery in Bangsar — with marble and wood contrasting on the floors and walls, water features, high ceilings and tall windows — was designed to impress.
MIPPM to organise its first property management conference in Malaysia
KUALA LUMPUR (Oct 6): The Malaysian Institute of Professional Property Managers (MIPPM) is organising its inaugural conference entitled "Towards 1st Class Property Management" on Oct 19.
Damansara Heights — the rising start-up hotspot: Knight Frank
KUALA LUMPUR: The next start-up hotspot will be Damansara Heights due to its improved infrastructure and connectivity, said Knight Frank Malaysia managing director Sarkunan Subramaniam.
EUPE anticipates better FY17 with Novum’s contribution
KUALA LUMPUR (Aug 22): After a rather dismal year in which earnings plummeted 75% on reduced profit margin as revenue slid 23% on lower construction contribution, Kedah-based property player EUPE Corp Bhd expects its financial year ending Feb 28, 2017 (FY17) to chart better numbers in both revenue and profit.
Office markets in KL and Selangor expected to remain subdued
PETALING JAYA (Aug 10): The KL fringe and Selangor office markets are expected to remain subdued while KL city is expected to face downward pressure underpinned by persistent low oil prices, said property consultancy firm Knight Frank Malaysia in its “Real Estate Insights research report for 1H2016”.
IJM Land targets eight launches worth RM1 bil in 2H2016
KUALA LUMPUR (July 21): IJM Land Bhd plans to launch seven to eight projects with a cumulative gross development value (GDV) of almost RM1 billion in the second half of this year (2H2016), said managing director Edward Chong.
UOA inks MoU with China hospitality company
PETALING JAYA (June 1): UOA Hospitality Sdn Bhd (UOA Hospitality), a unit of UOA Development Bhd, has inked a memorandum of understanding (MoU) with Hubei Chutian Media & Hotel Investment Management Co Ltd (Hubei Chutian) for a long-term partnership that involves resource sharing, complementary advantages and exploration of new markets, UOA Hospitality announced in a media statement today.
