PETALING JAYA (March 31): Property developer See Hoy Chan Sdn Bhd — which owns and manages offices, shopoffices and Starling Mall at its flagship Damansara Uptown — may plan to set up a real estate investment trust (REIT), reported The Edge weekly.
PETALING JAYA (March 24): Specialty retail stores – which include sporting goods and F & B – are expected to grow by 6.
CapitaLand Malaysia Mall Trust (March 19, 99 sen) Maintain outperform with a lower target price (TP) of RM1.
PETALING JAYA (March 16): While malls in the Klang Valley are facing challenging times, most will find ways to cope and survive.
Pavilion Real Estate Investment Trust (March 15, RM1.
KUALA LUMPUR (March 15): JAKS Resources Bhd has proposed a placement to raise RM68.
KUALA LUMPUR (March 12): Banks may face risks on their commercial property loans, as a looming oversupply of office buildings and shopping malls may lead to a correction in valuations, said a Reuters story citing a report by Moody’s dated March 9.
KUALA LUMPUR (March 8): Platinum Victory Development Sdn Bhd’s PV18 Residence has registered a 50% take-up rate since its weekend launch held on March 3.
KUALA LUMPUR (March 5): Sunway Carnival Mall, located at Seberang Jaya, Penang, is getting a RM500 million renovation and expansion — a decade after opening its doors.
PETALING JAYA (March 2): Four Seasons Hotel Kuala Lumpur is targeted for a mid-2018 opening, reported NST Property.
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