Niche office, prime mall segments to remain resilient in the long term
REIT sector Maintain market weight: The sector’s core net earnings (excluding fair value gains) in the second quarter of financial year 2017 (2QFY17) improved by 7.
WCT says has started talks with authorities on REIT plan
KUALA LUMPUR (Aug 31): WCT Holdings Bhd, a construction and property outfit linked to Pavilion Group's Tan Sri Desmond Lim, said it has started talks with the relevant authorities regarding its proposal to set up a real estate investment trust (REIT).
PPB Group expects higher revenue from property segment next year
KUALA LUMPUR (Aug 29): PPB Group Bhd expects higher revenue from its property segment in 2018 — thanks to the upcoming mixed development project at the Ming Tien Food Court site at Taman Megah, Petaling Jaya and better occupancy rate for Cheras LeisureMall.
KiP Mall Kota Warisan targets full take-up by end-2017
KUALA LUMPUR (Aug 25): Integrated property developer Kepong Industrial Park Group (KIP Group) will soft-launch its first hybrid retail mall in Sepang this Saturday.
Freezing approvals of new shopping malls will affect the economy, says PPK
PETALING JAYA (Aug 24): Despite concerns over a possible oversuply of retail malls in the Klang Valley, the authorities should not freeze the development of new shopping malls because that would further dampen the already slow economy in the country, said Malaysia Shopping Malls Association (PPK) adviser Tan Sri Teo Chiang Kok.
WCT's 2Q net profit dragged by unrealised forex losses
KUALA LUMPUR (Aug 24): Construction company WCT Holdings Bhd's net profit fell 33% to RM21.
Sunway REIT expects improvements in hotel earnings
Sunway Real Estate Investment Trust (Aug 11, RM1.
Heavier penalties needed to deter service fee defaulters
PETALING JAYA (Aug 4): When it comes to strata living, one of the perpetual issues plaguing property managements is the maintenance fee or service fee collection.
Never an oversupply of shopping malls
KUALA LUMPUR (Aug 4): There is never an oversupply of shopping malls, said Persatuan Pengurusan Kompleks (PPK) Malaysia adviser Richard Chan, an opinion that differs from the general belief.
