Imperium Crown to buy 2 cineplex assets in China for S$5 mil
SINGAPORE (Nov 1): Real estate investment group Imperium Crown on Tuesday announced it is acquiring a 30% stake each in two subsidiaries of Shandong Yinguang Chemical Industry Co.
Pavilion REIT casts an eye over greenfield projects
Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.
S P Setia is No 1
PETALING JAYA (Oct 31): S P Setia Bhd is back as the Malaysia's top property developer having clinched the No 1 spot of The Edge Malaysia Top Property Developers’ Awards (TPDA) 2016.
I&P to launch RM381 mil worth of homes before year end
SHAH ALAM: I&P Group Sdn Bhd chief executive officer Datuk Jamaludin Osman aims to launch two more projects worth RM381 million in gross development value (GDV) before the end of this year.
BON Estates secures RM300 mil loan for The Estate
KUALA LUMPUR (Oct 28): Boutique developer BON Estates Sdn Bhd (formerly known as PPM Realty Sdn Bhd) is eyeing more land in Penang and the Klang Valley for its high-end properties following the success of past projects.
Property development in 100 years’ time
IN the 19th century, French artist Jean-Marc Côté and other artists produced a series of futuristic artworks called “En L’An 2000” or “In The Year 2000” that depicted scientific advances imagined as achieved by the year 2000.
MRCB-Quill REIT sees marginal growth in net property income in 3Q
KUALA LUMPUR (Oct 26): MRCB-Quill Real Estate Investment Trust (MQREIT) saw a marginal 0.
KL Metropolis’ first residential tower to be launched next month
NAZA TTDI Sdn Bhd launched the KL Metropolis Show Gallery at Naza Tower at Platinum Park in Kuala Lumpur on Oct 18 with much fanfare.
‘Developers are not making obscene profits’
PETALING JAYA (Oct 24): Contrary to popular belief, property developers in Malaysia are not making huge profits, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon (pictured).
