Kenanga Research downgrades sector call on REITs to ‘neutral’
In a separate note, Hong Leong Investment Bank (HLIB) also maintained a “neutral” outlook on the REIT sector.
Shahrir wants law firm representing Felda and FIC to be disqualified; trial postponed
Tan Sri Shahrir Samad filed the application on Jan 3.
Nestcon wins RM25 mil earthworks contract for Senai Airport City project
In tandem with the third phase of Senai Airport City’s industrial development expansion measuring some 300 acres, NISB has been appointed as the contractor for earthworks to provide investors with industrial plots ready with platform and corresponding infrastructure.
Think tank proposes new way to measure housing affordability, saying current method overlooks critical elements
“While financial affordability measures the monetary burden of owning a home, social affordability focuses on its appeal based on proximity to efficient transportation systems and the availability of job opportunities.
Citaglobal acquires 55% stake in waste-to-energy partner LAWI Germany for undisclosed value
The group also plans to export the technology outside Malaysia.
Kumpulan Kitacon bags RM66m residential project in Sungai Buloh
The project is slated to be completed within 20 months, starting from the commencement date on Feb 3.
Keppel DC REIT divests Basis Bay Data Centre in Cyberjaya at 2.6% above valuation
Keppel DC REIT’s subsidiary Basis Bay Capital Management entered into a sale and purchase agreement on Dec 31, 2024 with Basis Bay Services MSC, an unrelated third party that is also the current master lessee and facility manager of the property.
Ho Chi Minh City: A learning ground for Rehda Institute and Malaysian real estate ventures
The recent Asia Real Estate Leaders study trip revealed multi-faceted insights into the Vietnam property landscape, giving a clearer picture on how opportunities could be gleaned amidst challenges including local demand, bureaucratic red tapes and indefinite legislations.
Sunway REIT completes Kluang Mall acquisition
The mall, now rebranded as Sunway Kluang Mall, is nearly fully occupied with over 130 tenants and anchored by Pacific Hypermarket & Department Store.
DONE DEAL: Semidee house, Taman United, Kuala Lumpur
DONE DEAL: Terrace house, Taman Lestari Putra, Seri Kembangan, Selangor DONE DEAL: Condo unit, Trinity Pentamont, Mont’Kiara, Kuala Lumpur Taman United is 68.
