KL and Bangkok prime office market rent contract in 2Q2017

PETALING JAYA (Sept 12): Out of the 20 markets tracked by global property consultancy Knight Frank, Kuala Lumpur and Bangkok have experienced rental decline for their prime office market in 2Q2017, according to Knight Frank’s Asia-Pacific Prime Office Rental Index report.

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Amanahraya REIT to buy Vista Tower

KUALA LUMPUR (Sept 7): Amanahraya Real Estate Investment Trust (REIT), which has suspended its trading since yesterday afternoon pending a material announcement, has inked a deal for the purchase of the Grade A Vista Tower office building in Kuala Lumpur for RM430 million, according to a statement from the REIT's major unitholder KDA Capital Malaysia Sdn Bhd.

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