UEM Sunrise 2Q net profit up 73% on higher property development revenue
KUALA LUMPUR (Aug 23): UEM Sunrise Bhd's net profit for the second quarter ended June 30, 2017 increased 73% to RM94.
S P Setia RM4 bil sales target achievable — analysts
KUALA LUMPUR (Aug 18): S P Setia Bhd's RM4 billion new property sales target for 2017 is achievable as first half sales had exceeded RM2 billion, according to Hong Leong Investment Bank Bhd and RHB Research Institute Sdn Bhd.
Melbourne ranked the most liveable city for 7th year
KUALA LUMPUR (Aug 16): Melbourne is ranked the world’s most liveable city for the seventh year by Economist Intelligence Unit’s annual Liveability Index.
Frasers Property Australia to develop over S$205 mil worth of new assets
SINGAPORE (July 25): Frasers Property Australia says it is developing over A$190 million (RM645 million) worth of new assets in terms of end-asset value in The Key Industrial Park and West Park Industrial Estate in Melbourne’s Keysborough district and Truganina city, respectively.
UEM Sunrise eyes 50% take-up rate for third project in Melbourne by year-end
UALA LUMPUR (July 21): Property developer UEM Sunrise Bhd has launched its third development in Melbourne, Australia — a luxury residential project with a gross development value (GDV) of RM1.
Maybank: Eco World International 'maiden' profit in 2HFY18
KUALA LUMPUR (July 11): Maybank Investment Bank Bhd expects Eco World International Bhd to report its maiden profit in the second half of financial year ending Oct 31, 2018 (2HFY18), with the progressive completion of its London City Island project.
Keppel REIT’s latest acquisition offers DPU accretion, cashflow visibility
SINGAPORE (June 30): DBS is maintaining its “buy” call on Keppel REIT (KREIT) with a target price of S$1.
S P Setia’s Sapphire By The Gardens 70% taken up over weekend launch
PETALING JAYA (June 19): S P Setia Bhd’s Sapphire By The Gardens, the residential tower of the developer’s fifth property development in Melbourne, Australia, has achieved a more than 70% take-up rate following last weekend's launch that was held simultaneously in Kuala Lumpur, Jakarta, Sydney and Melbourne.
