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).
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.
Strong demand for Malton's The Park 2 Pavilion, Bukit Jalil
BUKIT JALIL (Aug 17): Malton Bhd expects units in Tower 1 and Tower 2 of its luxury serviced apartment project, The Park 2 Pavilion Bukit Jalil to be fully taken up by year-end, Bernama reported today.
Pavilion REIT 1HFY17 below expectations
Pavilion Real Estate Investment Trust (July 28, RM1.
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.
Jendela Mayang, Kuala Lumpur Pavilion among those awarded naming rights to MRT stations
KUALA LUMPUR (JULY 11): Jendela Mayang Sdn Bhd, the developer of Pavilion Damansara Heights, and Kuala Lumpur Pavilion Sdn Bhd have been awarded naming rights to two new Mass Rapid Transit (MRT) stations along the MRT Sungai Buloh-Kajang Line.
Creating workspaces of the future
During weekdays, most working adults spend about eight hours a day at work, amounting to 40 hours a week — almost half of our waking time is spent in the office.
Office for Metropolitan Architecture to design MPavilion 2017
PETALING JAYA (June 6): World-renowned Netherlands-based Office for Metropolitan Architecture (OMA) has been commissioned to design the MPavilion 2017 in Melbourne, Australia, according to the Naomi Milgrom Foundation.
