News about PA

SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.

KUALA LUMPUR (Feb 23): Econpile Holdings Bhd shares surged 7.

KUALA LUMPUR (Feb 23): A US federal judge has given the green light for the US Department of Justice (DoJ) and New York developer Steven Witkoff’s proposed plan to sell the Park Lane Hotel, The Wall Street Journal (WSJ) reported.

CEL Development, the property development arm of listed construction group Chip Eng Seng Corp, will preview the 720-unit Grandeur Park Residences on Feb 18.

PETALING JAYA (Feb 22): Shanghai has emerged as the top city for real estate investment in Asia Pacific as of 4Q2016.

KUALA LUMPUR (Feb 22): UOA Development Bhd’s net profit multiplied threefold to RM345.

KUALA LUMPUR (Feb 22): Mercury Industries Bhd rose 8.

PETALING JAYA: South Korean investors are holding a positive view of the unlisted real estate market in the Asia Pacific and intend to increase their investments in the region over the next five years, according to a survey of the Asian Association for Investors in Non-listed Real Estate Vehicles Limited (ANREV) Korea Conference 2017 attendees.

KUALA LUMPUR (Feb 22): Mercury Industries Bhd’s 70%-owned construction unit Paramount Bounty Sdn Bhd has won a mixed development project worth RM238 million in Gombak, Selangor.

BUKIT Jalil in Kuala Lumpur has been in the limelight ever since it was chosen as the location for the National Sports Complex, the venue of the 1998 Commonwealth Games.