Sunway REIT stays cautious in tough environment

PETALING JAYA (July 14): Sunway REIT Management Sdn Bhd is adopting a cautious approach for its future acquisitions because of stiffer competition in the office, retail and hospitality property segments, reports The Edge Malaysia in its current issue.

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Spring Gallery bags RM75m managing contractor job for Kemaman apartment

KUALA LUMPUR (July 9): Spring Gallery Bhd, via its wholly owned subsidiary Profit Sunland Sdn Bhd, has secured a managing contractor agreement estimated to be worth RM75 million from JV Muhibbah Sdn Bhd for the development of Southern City Phase 1B, an 18-storey apartment located at Jalan Jakar, Kemaman, Terengganu.

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