News about REN

PENANG (Sept 23): The legal aspects on the rent control proposal on pre-war buildings in George Town have been approved at the state level, said Penang state exco for Housing and Town & Country Planning Jagdeep Singh Deo.

租金收益与资本增值，是房产投资者做决定时考虑的两大因素。 根据目前的情况，巴生谷的高楼房产因供应增加与价格扬升，而影响了租金收益的增长。 不过，根据国家产业资讯中心（NAPIC）数据，巴生谷当中的高楼房产依旧交出可观的租金收益。 该数据显示，租金收益在2015年超越5%的吉隆坡高楼房产，共有46项。 TheEdgeProperty.

KUALA LUMPUR (Aug 19): Marriott International Inc will continue to manage Renaissance Kuala Lumpur Hotel (pictured) for another decade.

KUALA LUMPUR (Aug 15): IGB Corp Bhd announced a proposed disposal of Renaissance Kuala Lumpur Hotel (Renaissance KL) (pictured) by Great Union Properties Sdn Bhd, a wholly-owned subsidiary of IGB to Ventura International Sdn Bhd for RM765 million.

KUALA LUMPUR (Aug 15): Bursa Malaysia has approved IGB Corp Bhd’s request for a suspension in the trading of its shares today, pending a material announcement.

KUALA LUMPUR (Aug 15): After more than a decade of seeking, property developer cum hotel owner and operator, IGB Corp Bhd, has finally found a buyer for its 910-room Renaissance Kuala Lumpur (pictured), and a sale and purchase agreement for the biggest ever hotel deal is expected to be inked as early as today, sources say.

PETALING JAYA (Aug 12): The Penang state government is on a fact-finding mission to pin point the possible impact of a rental hike on its pre-war buildings in George Town.

THE corporate real estate (CRE) industry in Kuala Lumpur is gaining importance, as a growing number of multinational organisations are setting up their headquarters and regional offices in the city.

SUBANG JAYA (July 28): AmFIRST Real Estate Investment Trust (AmFIRST REIT) will spend between RM20 million and RM30 million to refurbish the Summit Hotel Subang USJ (pictured) in order to maintain its four-star rating, Bernama reported today.

KUALA LUMPUR (July 27): As more office landlords fight over a shrinking pool of tenants, owners will have to reduce rents further to entice prospective occupants, said Savills Malaysia executive chairman Christopher Boyd.