AmanahRaya REIT buys property in Cyberjaya for RM40m
KUALA LUMPUR (June 16): AmanahRaya Real Estate Investment Trust (REIT) is acquiring a land together with a four-storey office building in Cyberjaya for RM40 million.
China’s property investors raising their budgets for foreign buys
KUALA LUMPUR (May 19): A survey by Australian property investment portal Investorist showed that China’s property investors have raised their average budget for foreign property purchases to US$500,000 (RM2.
The Edge Investment Forum on Real Estate 2016 slides
The Edge Investment Forum on Real Estate 2016 was held on April 30 with the theme "Riding out the storm: Pitfalls to avoid".
Malaysia ranks fifth in Global Infrastructure Investment Index 2016
PETALING JAYA (May 3): Malaysia has been placed fifth in the the Global Infrastructure Investment Index (GIII) 2016 in the ranking by global design and consultancy firm Arcadis.
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Investment opportunities abound as DIBS property owners seek exit
KUALA LUMPUR (April 30): Investors should keep an eye on the market as buyers of properties under the Developer Interest Bearing Scheme (DIBS) seek to unload their properties this year, said JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured).
Hektar REIT allocates RM20m to upgrade Landmark Central
KUALA LUMPUR (April 25): Hektar Real Estate Investment Trust (REIT) will continue its mall enhancement initiatives this year, allocating RM20 million to increase the overall net lettable areas (NLA) of Landmark Central in Kedah by 20,000 sq ft to 300,000 sq ft.
E&O aborts UK unit’s planned London Stock Exchange listing
KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.
Tropicana’s sale of Dijaya Plaza goes unconditional
KUALA LUMPUR (April 12): Tropicana Corp Bhd said all the conditions precedent for the proposed disposal of Dijaya Plaza in Jalan Tun Razak here have been satisfied and that the sale and purchase agreement dated Jan 28 has become unconditional.
Beverly Group extends its reach to KL city fringe
STARTING out as a civil structure contractor, Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — became a property developer when its founder and CEO Lim Seak Koon decided to experience property development “from the other side”.
