UEM Sunrise unit partners Mitsui to offer RM468 mil build-to-suit properties

TOKYO (July 29): Japanese conglomerate Mitsui & Co Ltd has entered into a joint-venture agreement yesterday with Nusajaya Tech Park Sdn Bhd (NTPSB) to jointly develop a Built-to-Suit (BTS) leasing properties project with an estimated development value of approximately $S167 million (RM468 million) in Nusajaya Tech Park, Iskandar Malaysia.

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A long-term bet on Iskandar

KUALA LUMPUR (July 18): The Edge weekly in its latest edition said that Iskandar Malaysia, launched in 2006 as the South Johor Economic region, has experienced cooling public response to property launches there.

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Forty investors keen on Bandar Malaysia

KUALA LUMPUR (July 14): Some 40 interested parties, including local government-linked corporations (GLCs) and foreign state-owned investment firms, have submitted proposals to participate in the development of Bandar Malaysia, a property project wholly owned by 1Malaysia Development Bhd (1MDB).

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