Right time for Tiong Nam to go for warehouse REIT listing
Tiong Nam Logistics Holdings Bhd July 11 (RM1.
UEM Sunrise sells land to South Korean cosmetic co
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.
Karambunai up as much as 9% after close of takeover offer
KUALA LUMPUR (June 10): Karambunai Corp Bhd (KCB) rose as much as 0.
UOL to expand Malaysian hospitality portfolio
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.
Land Pacific to unveil maiden project
LAND Pacific Development Sdn Bhd may be a new kid on the block, but it is very ambitious.
UOA Development's 1Q net profit rises 22.4%
KUALA LUMPUR (May 25): UOA Development Bhd saw its net profit rise 22.
Matt Lorrain: Head of Product Development and Design at SP01
WHO: Matt Lorrain’s (pictured) foray into furniture design was almost a fluke.
Oakwood keen to expand its presence in Malaysia
KUALA LUMPUR (May 16): International hospitality manager and operator Oakwood Asia Pacific aims to grow its presence in Malaysia through new partnerships and is seeking such opportunities with local property owners, said its sales, marketing and revenue management vice president Paul Stocker.
Tabung Haji drops office rents below prevailing rates near KLCC
A RECENT move by Lembaga Tabung Haji to lease its office space in Menara TH Platinum at Platinum Park, Kuala Lumpur, at way below market rental rates caught everyone by surprise and shocked real estate agents and office building owners.
DONE DEAL: Glomac Centro at Kayu Ara, Petaling Jaya, Selangor
Rented for: RM1,800 Concluded by: Edmund Chin of Propstar Realty (012-339 1260) When: March 2016 Noteworthy: • Leasehold • Intermediate office unit on the first floor with washroom • Built-up area: 1,637 sq ft • Near institutes of higher education such as KDU, KBU and SEGi College; within 15 to 30 minutes’ drive to shopping malls such as 1 Utama, The Curve, IKEA and Atria Shopping Gallery • Surrounded by mature townships such as Bandar Utama, Damansara Utama and Damansara Jaya Glomac Centro is a mixed development comprising 2-storey shop offices and a block of 29-storey serviced apartments in Kayu Ara, Petaling Jaya.
