Oxley posts 163% rise in 2Q earnings
SINGAPORE (Jan 20): Second quarter earnings for homegrown property developer Oxley more than doubled to S$123.
‘At least 15%-20% return as HSR concessionaire’
KUALA LUMPUR (Jan 20): European rail experts expect an internal rate of return (IRR) of at least 15% to 20% if chosen as the concessionaire to own, operate and maintain Kuala Lumpur-Singapore high speed rail (HSR) assets.
Pavilion REIT 4Q property income up 4%, proposes 4.08 sen distributable income
KUALA LUMPUR (Jan 19): Pavilion Real Estate Investment Trust (REIT) posted a net property income of RM76.
Puncak Alam to see more development
AS one travels from Kuala Lumpur to Puncak Alam, Ijok, the high-rise buildings of the city slowly give way to small, village-like houses and rows of oil palm trees.
Ekovest bags RM6.32b job to build highway
KUALA LUMPUR (Jan 17): Construction company Ekovest Bhd wins a RM6.
Opening of MyTOWN Shopping Centre postponed to March 16
PETALING JAYA (Jan 17): The opening date of MyTOWN Shopping Centre has been readjusted from Feb 16 to March 16 due to requests from tenants.
CapitaLand’s divestment of Nassim seen as a positive
SINGAPORE (Jan 17): RHB is in favour of CapitaLand’s divestment of the remaining 45 units in the The Nassim for a total of S$411.
Healthy project pipeline ahead for construction segment
Construction sector Maintain overweight: According to Construction Industry Development Board statistics, industry contract awards fell 28% quarter-on-quarter (q-o-q) to RM22.
Selling luxury and affordable luxury
MALAYSIANS love to shop and love it even better when the prices are right.
CapitaLand sells entire stake in The Nassim for S$412 mil
SINGAPORE (Jan 16): CapitaLand has sold its entire stake in The Nassim for S$411.
