Atrium REIT 4Q17 net property income up 13.6%, pays 1.85 sen DPU
KUALA LUMPUR (Feb 8): Atrium Real Estate Investment Trust (REIT) closed its fourth quarter ended Dec 31, 2017 (4QFY17) with a net property income of RM4.
Gabungan AQRS 4Q net profit doubles as revenue rises
KUALA LUMPUR (Feb 8): Gabungan AQRS’ net profit doubled to RM15.
Mitsui Outlet Park KLIA to generate RM610m in revenue by 2021
SEPANG (Feb 8): The Mitsui Outlet Park (MOP) KLIA in Sepang is expected to garner sales revenue of 17 billion yen (RM610 million) when the premium outlet mall is completely developed by 2021, MFMA Development Sdn Bhd Director Tatsuro Irino told Bernama today.
UEM Sunrise unveils Serimbun in Iskandar Puteri, receives 1,500 registrations
PETALING JAYA (Feb 8): UEM Sunrise Bhd has unveiled its Serimbun landed residential development in Iskandar Puteri, Johor today, which has achieved 1,500 registrations of interest to date.
Sunway Property to launch RM2b worth of residential properties in 2018
KUALA LUMPUR (Feb 8): Sunway Bhd’s property arm, Sunway Property, plans to launch RM2 billion worth of residential properties across eight locations this year.
Sunway REIT capex seen at RM60m to RM100m
Maintain outperform with a higher target price (TP) of RM1.
Knight Frank Malaysia: Chinese developers may look at industrial-driven townships going forward
KUALA LUMPUR (Feb 7): With the improving infrastructure in Malaysia and China’s Belt and Road Initiative (BRI), Chinese property developers may explore opportunities in the Malaysian real estate sector, particularly in industrial-driven township developments, said Knight Frank Malaysia.
Gamuda Land to launch last tower of Bukit Bantayan Residences phase 1 in March
KOTA KINABALU (Feb 7): Gamuda Land aims to launch the third and final tower of Bukit Bantayan Residences phase 1 in Kota Kinabalu, Sabah, in March.
Eversendai scraps RM75.8m private placement plan
KUALA LUMPUR (Feb 7): Eversendai Corp Bhd said it has scrapped a private placement plan to raise up to RM75.
