News about FIC

PETALING JAYA (Aug 12): A 33-storey office block has been proposed for the open car park site in Desa Sri Hartamas (pictured) located at Jalan 19/70A.

WITH ample supply of office space and human resource, Malaysia’s capital city of Kuala Lumpur is poised to be one of the more attractive destinations for multinational companies (MNCs) to outsource their operations, says international real estate services firm JLL.

PETALING JAYA (Aug 3): Sunway Bhd’s real estate arm Sunway Property is setting up a regional office and sales gallery in the northern state of Malaysia, Penang, which is scheduled for completion in April 2017, the developer said in a statement yesterday.

KUALA LUMPUR (July 27): As more office landlords fight over a shrinking pool of tenants, owners will have to reduce rents further to entice prospective occupants, said Savills Malaysia executive chairman Christopher Boyd.

THE real estate sector may deliver better returns than bonds, but investors should be patient and selective when looking at new property allocations, according to the Global Alternatives Survey 2016, published by Willis Towers Watson, a leading global advisory and broking and solutions company headquartered in London.

ENERGY-efficient measures to minimise the heat transfer into your house or building will reduce the usage of your air-conditioners and consequently your electricity bills.

Tiong Nam Logistics Holdings Bhd July 11 (RM1.

KUALA LUMPUR (June 29): UEM Sunrise Bhd's wholly-owned subsidiary UEM Land Bhd signed a sale and purchase agreement (SPA) with South Korea-based cosmetic company AmorePacific Corp for the sale of a 10ha (25.

KUALA LUMPUR (June 10): Karambunai Corp Bhd (KCB) rose as much as 0.

SINGAPORE-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific brands, will see its hospitality portfolio in Malaysia grow in the next two to three years as it adds two new hotels and expands an existing hotel asset in Kuala Lumpur.