Japan's Fujitsu to reduce office space by 50% over the next 3 years
KUALA LUMPUR (July 7): Fujitsu Ltd has announced plans to slash office space in Japan by 50% over the next three years, Bloomberg reported yesterday.
Tasek Gelugor MP Shabudin Yahaya is now deputy minister in PM's Dept
KUALA LUMPUR (July 6): Tasek Gelugor Member of Parliament (MP) Datuk Shabudin Yahaya (pictured) has been made a deputy minister in the Prime Minister's Department, in charge of Parliament and law.
Asia-Pacific hotel occupancy stagnant as regional travel at a standstill — CBRE
KUALA LUMPUR (July 3): The overall occupancy in Asia-Pacific remained low at less than 30% with room rates close to 50% of what they were in 2019, according to CBRE’s Implications for Asia Pacific Hotels June 2020 report.
Promising rental growth for office and logistics in Asia Pacific, says Colliers International
KUALA LUMPUR (June 30): Rental growth for office and logistics are expected to be encouraging in Asia Pacific (APAC) countries, according to the Asia Pacific Real Estate: Still Good Value in a Changed World report (part two) by Colliers International released on June 29.
Menara KEN TTDI wins best managed non-strata office award
PETALING JAYA (June 27): KEN Holdings Bhd’s Menara KEN TTDI has won Gold at EdgeProp Malaysia’s Best Managed and Sustainable Property Awards in the below 10 years non-strata office category this year.
Slowdown in tenant demand, reevaluation of office space usage expected in coming months: KPMG International
KUALA LUMPUR (June 24): The pandemic has disrupted the office landscape, which will face a challenging time in the months ahead, according to KPMG International’s “Real Estate in the New Reality” webinar on June 23.
Commercial real estate investors planning market re-entry in Asia-Pacific — CBRE
KUALA LUMPUR (June 22): As lockdowns in most countries in Asia-Pacific come to an end, commercial real estate investors are gradually shifting from asset management and rental abatement to planning market re-entry, according to CBRE’s Capital Market Viewpoint report titled “New buying opportunities whet investor appetite”.
PNB launches probe into alleged discrepancies in Jalil’s credentials
KUALA LUMPUR (June 19): Permodalan Nasional Bhd (PNB) said today it has established an inquiry team to investigate the alleged discrepancies relating to the group’s former president and chief executive officer Abdul Jalil Rasheed’s academic qualification.
Paragon Market Place in JB to open on June 6
PETALING JAYA (June 1): Paragon Market Place at Jalan Tampoi, Johor Bahru will hold its soft opening on June 6, 2020.
