AmanahRaya REIT proposes lower 4Q DPU despite jump in net income
KUALA LUMPUR (Feb 15): Amanahraya Real Estate Investment Trust (REIT)’s distribution per unit (DPU) for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 5.
A trip down memory lane
The Trash and Treasure Market at Jalan Bunga Raya alongside the historic Melaka River is a hive of activity on the weekends, a playground for bargain hunters and treasure seekers alike.
Damansara Realty targeting 15% topline growth in FY18
KUALA LUMPUR (Feb 13): Damansara Realty Bhd — which just returned to black in its financial year ended Dec 31, 2017 (FY17) — expects to sustain its earnings growth momentum in FY18, and targets a topline growth of up to 15% year-on-year.
Damansara Realty posts profits after three straight years of losses
KUALA LUMPUR (Feb 13): The strategic restructuring plan in September 2016 has helped to bring Damansara Realty Bhd back to the black in the fourth quarter ended Dec 31, 2017 (4QFY17), after three consecutive years of losses.
Where the unwanted gets a second life
Under the loving devotion of Happy Tan, the abandoned is given a home, the unwanted acquires dignity, the ugly is transformed to admired beauty and the useless becomes priceless.
Knight Frank Malaysia: Chinese developers may look at industrial-driven townships going forward
KUALA LUMPUR (Feb 7): With the improving infrastructure in Malaysia and China’s Belt and Road Initiative (BRI), Chinese property developers may explore opportunities in the Malaysian real estate sector, particularly in industrial-driven township developments, said Knight Frank Malaysia.
‘Tech companies and FMCGs renting more office space’
PETALING JAYA (Feb 6): More tech and fast moving consumer goods (FMCG) companies are leasing more spaces in both the central business district and decentralised locations in Greater KL, said JLL managing director and country head and Malaysian Institute of Estate Agents (MIEA) member YY Lau.
MIEA: 66.5% of real estate practitioners surveyed say property market outlook stable
PETALING JAYA (Feb 6): About 66.