SINGAPORE (June 15): Property group CapitaLand announced that it is setting up a venture fund, C31 Ventures, to tap global tech start-ups in its ongoing effort to “innovate and build real estate of the future”.
SEOUL (June 6): The South Korean ministry of land, infrastructure and transport (Molit) plans to engage with the relevant parties in Malaysia to promote its high-speed rail (HSR) technology, in a move to facilitate a South Korean consortium’s bid for the upcoming 375km Kuala Lumpur-Singapore HSR project.
KUALA LUMPUR (June 3): The Master Builders Association Malaysia (MBAM) has voiced opposition to safeguard measures on steel products, arguing that without the free flow of imports, prices of steel bars may be uncontrollable.
SINGAPORE (June 2): Frasers Property Australia says construction firm Brookfield Multiplex has been awarded a A$290 million ($290 million) contract to build the DUO in Sydney.
SINGAPORE-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific brands, will see its hospitality portfolio in Malaysia grow in the next two to three years as it adds two new hotels and expands an existing hotel asset in Kuala Lumpur.
KUALA LUMPUR (June 1): Investment and asset management company MFR Capital Sdn Bhd has purchased a whole floor in Hatten Group's Harbour City Resort Suites project in Melaka comprising 40 units for RM24 million, said Hatten Group head of marketing and sales division Cassandra Tio.
IOI Properties Group Bhd May 30 (RM2.
PETALING JAYA (May 25): Singapore-based Centennial Business Suites Pte Ltd aims to open a second serviced office next year in the KL city centre, said Centennial Business Suites KL centre manager Camy Chow.