Hektar REIT allocates RM20m to upgrade Landmark Central

KUALA LUMPUR (April 25): Hektar Real Estate Investment Trust (REIT) will continue its mall enhancement initiatives this year, allocating RM20 million to increase the overall net lettable areas (NLA) of Landmark Central in Kedah by 20,000 sq ft to 300,000 sq ft.

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E&O aborts UK unit’s planned London Stock Exchange listing

KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.

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Regeneration zone shows greater property price growth

KUALA LUMPUR (April 14): A study by international property consultancy CBRE has shown that properties within and around regeneration zones experience a substantial growth in prices that outpaces properties within other local authorities in London.

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Tropicana’s sale of Dijaya Plaza goes unconditional

KUALA LUMPUR (April 12): Tropicana Corp Bhd said all the conditions precedent for the proposed disposal of Dijaya Plaza in Jalan Tun Razak here have been satisfied and that the sale and purchase agreement dated Jan 28 has become unconditional.

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Beverly Group extends its reach to KL city fringe

STARTING out as a civil structure contractor, Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — became a property developer when its founder and CEO Lim Seak Koon decided to experience property development “from the other side”.

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