PavREIT to raise RM370.6m to fund RM580 mil Pavilion Elite buy
KUALA LUMPUR (July 28): Pavilion Real Estate Investment Trust (PavREIT), which inked an agreement to buy Pavilion Elite Mall for RM580 million, is planning a private placement to raise RM370.
Five Singapore condos within walking distance of new shopping malls
SINGAPORE (July 27): With shopping and dining being two of the most popular pastimes among Singapore residents, owning an apartment that’s within walking distance of a retail mall — or, better yet, located above the mall — has become very desirable.
SC Estate bags RM3.7 mil PR1MA earthworks job
KUALA LUMPUR (July 27): SC Estate Builder Bhd has won a RM3.
Penthouse at Gramercy Park in Singapore sold for S$17 mil
A freehold, 5,533 sq ft penthouse at Gramercy Park in prime District 10 fetched the highest sale price of S$17 million (RM53 million), or S$3,073 psf, for the period between July 4 and 11, according to a caveat lodged with URA on July 10.
Axis REIT 2Q core net earnings within expectations
Axis Real Estate Investment Trust (July 25, RM1.
Axis REIT’s net property income increases 1.8% in 2Q, declares 2.17 sen DPU
KUALA LUMPUR (July 25): Axis Real Estate Investment Trust’s (Axis REIT) net property income grew marginal to RM36.
PM Najib: Good governance, transparency for Sungai Buloh-Kajang MRT
KUALA LUMPUR (July 24): Prime Minister Datuk Seri Najib Tun Razak said the Malaysian Government did not compromise on transparency, good governance and integrity in the Sungai Buloh-Kajang mass rapid transit (MRT) project to ensure taxpayers' money were used in an appropriate manner.
Axis REIT plans to buy Pahang lands from Wah Seong units for RM155 mil
KUALA LUMPUR (July 24): Axis Real Estate Investment Trust (REIT) is planning to buy one piece of leasehold land and a portion of another leasehold land in Pahang, measuring a total of 126.
