JLL: Asia-Pacific cold storage real estate value likely to cross US$2 bil in 2030
“Investment in cold storage has cooled from 2021 but has by no means peaked.
“Investment in cold storage has cooled from 2021 but has by no means peaked.
Repurposing the former four-star Merrida Hotel building in Klang, which ceased operations during the movement control order period, Acacia boasts a total of 136 rooms, featuring three layouts ranging from 312 to 592 sq ft.
Currently, the demand for green workspaces in KL is estimated to be approximately between 40% and 45% while supply only stands at 35%.
“The Selangor Land and Mines Office (PTGS) is refusing to release the titles unless we pay a 12% penalty.
Major office occupiers in Kuala Lumpur City comprise oil & gas (O&G), finance and banking, and flexible space operators; whereas KLF encompasses flexible space operators, information technology (IT) and commerce, BPOs and shared services, as well as insurance and financial institutes.
In a filing with Bursa Malaysia on Friday, Glostrext said its indirect wholly-owned subsidiary Glostrext Technology (S) Pte Ltd has accepted the option to purchase a property known as 30 Kaki Bukit Road 3, #02-01 Empire Technocentre, Singapore, which was granted by Singapore-based Uninec Construction Pte Ltd on Oct 13 this year.
Battersea Power Station’s existing 565,000 sq ft of office space has been occupied by Apple, SharkNinja and The Engine Room — a coworking space by IWG.
The EECA will require high energy consumers in the industrial and commercial segments to appoint a registered energy manager and conduct mandatory periodic energy audits.
Clearly, it is at the state and local authorities that improvements will go a long way towards containing home prices.
Joyce Low, real estate negotiator at Esprit Estate Agent Sdn Bhd: Learning is a continuous journey, and staying updated is essential for delivering valuable services in the ever-evolving real estate landscape.