KUALA LUMPUR (April 14): AmFIRST Real Estate Investment Trust (AmFIRST REIT) is expected to make its first investment in the north through the acquisition of a retail asset in Seberang Prai, Penang — owned by established multi-format retailer Mydin Mohamed Holdings Bhd — for an estimated RM250 million.
KUALA LUMPUR (April 13): CapitaLand Ltd’s wholly-owned subsidiary, Ascott Ltd, unveiled a 253-unit serviced residence in Kota Kinabalu, Sabah today.
SEOUL (April 11): Petaling Jaya (PJ) was awarded the first ever title of Malaysia’s National Earth Hour Capital in the recently concluded WWF’s Earth Hour City Challenge (EHCC).
KUALA LUMPUR (April 10): Selangor Properties Bhd is replenishing its landbank to undertake more residential projects.
KUALA LUMPUR (April 10): The Employees Provident Fund (EPF) is in discussions to divest one or two of its property assets in the UK.
KUALA LUMPUR: Europe property investors, including those in the UK, have turned their attention to the logistics industry for more attractive returns, according to the London-based global real estate service provider Savills plc Spotlight report published in March 2015.
KUALA LUMPUR (April 10): For the third time, Sime Darby Property Bhd launched its Sime Darby Property Lifestyle Collection campaign, which offers packages for residential and commercial property.
BANGALORE (April 10): India continues to witness healthy transactions in its commercial market, the Jones Lang LaSalle Pvt Ltd (JLL) India Monthly Real Estate Monitor said in February.
KUALA LUMPUR (April 10): The Construction Industry Development Board (CIDB), in collaboration with the Works Ministry, has signed the Sustainable Infrastructure in Malaysia Pledge to reduce environmental damage and the maintenance cost of buildings.
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