Rental revival in the British capital
KUALA LUMPUR (April 17): Since 2005, the number of households renting from private landlords in London has increased by 75% from 467,000 to 819,000, according to CBRE’s Residential London report.
Worldwide Holdings launches Cendana in Puncak Alam
SHAH ALAM (April 17): Worldwide Holdings Bhd (WHB) will be launching its 208 double-storey terraced house project called Cendana in Puncak Alam, Selangor this weekend.
UPDATE Hektar REIT looks at organic growth in FY15
KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT), the country’s first retail-focused REIT, will rely on organic revenue growth via its asset enhancement initiative (AEI) for its financial year ending December (FY15).
UPDATE KLCC Stapled eyes two multibillion ringgit assets
KUALA LUMPUR (April 17): KLCC Stapled Group, which is made up of KLCC Property Holdings Bhd (KLCC Prop) and KLCC Real Estate Investment Trust (KLCC REIT), is mulling the addition of two multibillion ringgit prime land assets here to its portfolio from its parent company, Petroliam Nasional Bhd (Petronas).
MBPJ cancels application to develop PKNS field
KUALA LUMPUR (April 17): The Petaling Jaya City Council (MBPJ) has cancelled an application to develop the 7.
KPS, Setia Eco get more time to fulfil conditions of JV development agreement
KUALA LUMPUR (April 16): Kumpulan Perangsang Selangor Bhd (KPS) said a five-month extension has been granted for the fulfilment of conditions precedent in the agreement signed between its unit Cash Band (M) Bhd and Setia Eco Templer Sdn Bhd for the joint-development of a RM1.
Petronas real estate arm eyes multi-billion ringgit KLCC assets
KUALA LUMPUR (April 16): Petroliam Nasional Bhd's (Petronas) real estate investment trust may add two multi-billion ringgit prime land assets here into its porfolio.
Hektar REIT expects a strong performance in 2015
KUALA LUMPUR (April 16): Hektar Asset Management Sdn Bhd, the manager of Hektar Real Estate Investment Trust (REIT), expects to maintain a strong portfolio management in 2015.
Penang proposes ‘Sky Cab’ linking island and mainland
KUALA LUMPUR (April 16): The Penang government is in the final stages of exploration with Penang Sentral Sdn Bhd (PSSB) to build a 3.