KUALA LUMPUR (April 13): KLCCP Stapled Group, which comprises units in KLCC real estate investment trust (REIT) stapled together with the shares of KLCC Property Holdings Bhd, expects a 1% to 2% revenue increase in the current financial year ending Dec 31, 2016 (FY16), as it adds 45,000 sq ft of office space to its office rental income.
KUALA LUMPUR (April 6): Property consultancy CH Williams Talhar and Wong Sdn Bhd (WTW) has received a number of enquiries from local and foreign buyers – including investment funds and developers – to bid for the 7.
PETALING JAYA (April 4): Tan & Tan Developments Bhd’s Desa Kudalari condominium – Malaysia’s first condominium when it was completed over 30 years ago – may break new ground once more as it is likely to become the country’s first strata property to be sold on an en-masse basis.
KUALA LUMPUR (March 26): Real estate private equity and advisory firm Area Management Sdn Bhd is building Area Logistics here, the country’s first inner-city mega distribution hub with 1.
PETALING JAYA (March 23): Kuala Lumpur’s central business district (CBD) office market – which includes the Kuala Lumpur City Centre (KLCC), the Golden Triangle and the city centre’s older commercial area – is expected to see higher absorption rates from 2016 to 2018, with demand expected to overtake new office supply of about 1.