News about FIC

HONG KONG (Aug 18): Amid the Covid-19 pandemic, office markets in Asia Pacific (APAC) will favour tenants for up to three years, according to Collier’s Asia Pacific Office Markets: 1H2020 Review and Five-Year Outlook report released today.

KUALA LUMPUR (Aug 11): Titijaya Land Bhd said it is in the midst of proposing a diversification into healthcare products, including glove supply, in response to a query by Bursa Securities on the sharp jump in its share price recently.

KUALA LUMPUR (Aug 5): Based on CBRE Asia Pacific Research’s Marketview for 2Q2020, the recent resurgence in Covid-19 cases in several markets is expected to impact the commercial real estate market, with the possible exception of logistics.

KUALA LUMPUR (Aug 5): The Kwok family’s Sun Hung Kai Properties “has seen its fortune shrink by almost US$8 billion (RM33.

PETALING JAYA (August 3): The Sultanah Aminah Hospital in Johor Bahru, which has been involved in several fire incidents, has been identified as one of the three government hospitals that does not have a Fire Certificate (FC), reported Malay Mail.

KUALA LUMPUR (July 30): Malaysia has overtaken Hong Kong in the flexible office space market, which has seen a third successive year of high growth.

  PETALING JAYA (July 27): Despite office rents generally remaining stable, the resizing measures taken by some companies due to Covid-19 pandemic are likely to result in downward pressure on rentals and occupancy rates in the short-term, said Nawawi Tie Leung Property Consultants.

KUALA LUMPUR (July 23): Employees across Asia Pacific have adapted to extensive work-from-home arrangements, but most are eager to return to the office, according to JLL.

One of the side effects of the Covid-19 pandemic is that companies now realise that having their employees working from home is a viable option.

KUALA LUMPUR (July 14): Knight Frank Malaysia expects the Covid-19 pandemic to exert downward pressure on rental and occupancy levels in the oversupplied Klang Valley office market as the gap between supply and demand continues to widen amid weaker office demand and shrinking pool of tenants, it said in its latest Real Estate Highlights for 1H2020.