News about ER

WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.

LBS Bina Group Bhd (Aug 1, RM1.

THERE is nothing extraordinary about Sedley Place, a retail and office building on London’s Oxford Street (pictured) that is the latest piece of UK prime property acquired by Norway’s sovereign wealth fund.

DEEP-pocketed construction company Kerjaya Prospek Group Bhd is defying concerns over a property market slowdown as it continues to pull in orders.

LIVING in the London borough of Kingston upon Thames, with its history of crowning seven Anglo-Saxon kings, would certainly make for good dinner conversation.

PETALING JAYA (Aug 1): Ho Hon Sang has been appointed as CEO cum executive director of Mah Sing Group Bhd effective today, taking over Ng Chai Yong who has resigned to pursue other interests, the group said in a statement today.

BANGI (Aug 1): Mah Sing Group’s Cerrado Residential Suites Tower A saw all 404 units taken up during its launch at Southville City’s Sales Gallery and Show Village here over the weekend.

KUALA LUMPUR (Aug 1): OSK Property Holdings Bhd has teamed up with the Ministry of Energy, Green Technology and Water’s GreenTech Malaysia Alliances Sdn Bhd and Kloth Lifestyle Sdn Bhd to produce its new company uniform using recycled plastic bottles, the developer said in a recent statement.

KUALA LUMPUR (Aug 1): Bina Puri Holdings Bhd has bagged an RM80 million contract from Arus Sutera Sdn Bhd to provide project management consultancy services for 440 units of walk-up flats under the People's Housing Project in Pitas, Sabah.

PUTRAJAYA (Aug 1): Putra Perdana Development (PPD), a green property developer in Putrajaya, Precinct 16 — known for its development of energy-efficient lakefront bungalows — said in a statement on Saturday that it had completed the handover of units to home owners of its Danau Mutiara development project.