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.
REIT sector Maintain market weight: The sector’s core net earnings (excluding fair value gains) in the second quarter of financial year 2017 (2QFY17) improved by 7.
On Aug 18, a duplex penthouse at Volari on Balmoral Road was sold at a S$1.
At Le Nouvel Ardmore, a 4,004 sq ft, four-bedroom unit on the seventh floor of the 33-storey luxury condo tower was sold for S$16 million (RM50.
KUALA LUMPUR (Sept 5): The Malaysian Government may expedite construction of the Mass Rapid Transit 3 (MRT3) in the Klang Valley ahead of its planned completion in 2027 to reap the economic benefits of the project.
GUANGZHOU (Sept 5): MMC-Gamuda KVMRT (T) Sdn Bhd has started the groundwork for the construction of the second Klang Valley mass rapid transit (KVMRT2).
With LED lights outlining the hexagonal pattern on its façade, integrated development DUO, designed by German architect Ole Scheeren, stands out amid other architectural landmarks in the Ophir-Beach Road area.
Transactions in the Good Class Bungalow (GCB) segment — the crème de la crème of luxury houses — have picked up pace.
SINGAPORE (Aug 31): Singapore-based Frasers Centrepoint Trust (FCT) has subscribed for its full allocation in the renounceable rights issue of associate Hektar REIT, theedgesingapore.
KUALA LUMPUR (Aug 30): Sunway Bhd, which has earlier appointed Datuk Seri Idris Jala to co-chair the now a trading/services company, is scanning to identify new business avenues, possibly involving technology.
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