In a filing with Bursa Malaysia on Thursday, Feytech revealed that it had submitted an expression of interest on the tender for the piece of land in the Klang Valley but was unsuccessful.
Macdonald: “I am eager to collaborate with my new colleagues to enhance the value we provide to our clients, meeting their diverse capital requirements, and driving business growth throughout the Asia-Pacific region”.
“The family office sector is projected to grow by 75% globally by 2030.
Quah said one of the most critical elements of building modernisation efforts includes using an advanced building management system (BMS).
The property, situated on freehold land measuring 23,479.
Judicial Commissioner Eddie Yeo had allowed the third party discovery by Felda and FIC to use a report by Ernst and Young entitled 'Fact-based Investigation on the Development of Kuala Lumpur Vertical City (KLVC), Final Report', together with its annexures and another report from the Prime Minister’s Department known as the 'Salihan Report', as evidence in the common bundle of documents for the trial.
According to the JLL’s study, newly-completed ESG-compliant office buildings in Greater KL command higher occupancy rates at 80% to 90%, with average achievable rents exceeding non-green buildings.
Newly launched Grade A projects in Kuala Lumpur recorded significant take-up from major international tenants, as occupiers gravitated to high-quality spaces with green accreditation, the report said.
Vestland intends to fund the proposed office acquisition via internally generated funds, while the proposed warehouse acquisition will be funded through a mix of internally generated funds and bank borrowings.
He attributed this growth to the country's strategic location, favourable government policies, proximity to Singapore, as well as attractively priced land, power, and water.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
