Strata problem brewing for Forest City
With a gross development value exceeding RM100 billion over 20 years, Forest City by Country Garden Holdings Co in Johor boasts of being the largest mixed-use green development in Southeast Asia.
Anzo appointed main contractor for Phase 2 of Porto De Melaka Hotel
KUALA LUMPUR (May 2): Anzo Holdings Bhd said its wholly-owned subsidiary Harvest Court Construction Sdn Bhd (HCCSB) has been appointed the main contractor for Phase 2 of the Porto De Melaka Hotel and Resort development in Melaka.
‘Sunway REIT on track to RM10b property value’
KUALA LUMPUR (May 2): Sunway Real Estate Investment Trust (Sunway REIT) says it is on track to achieve its RM10 billion property value target by the financial year ending June 30, 2020 (FY20) — which is just a little over three years away — via both asset enhancement initiatives and acquisitions of new strategic assets.
East Bank by Psaros to be completed by September 2018
PETALING JAYA (April 29): Psaros Development Pty Ltd, a subsidiary of Psaros Group, has partnered United Overseas Australia Ltd (UOA Ltd) to develop the East Bank by Psaros apartment project in Perth, Australia.
Tropicana to offer ‘business grants’ to first 50 Sinaria shopoffice buyers
PETALING JAYA (April 28): Tropicana Corp Bhd has debuted Sinaria, the first commercial phase at the 863-acre Tropicana Aman township in Kota Kemuning, Selangor.
Community building critical to a development’s success
PETALING JAYA: A successful township development not only provides excellent facilities but cultivates a sense of community.
Focus Dynamics launches The Arch at Jalan Tun Razak
KUALA LUMPUR (April 27): Focus Dynamics Group Bhd (formerly known as Focus Dynamics Technologies Bhd) has introduced its latest food and beverage (F&B) and lifestyle hub called The Arch, on Jalan Tun Razak, Kuala Lumpur.
Suntec REIT 1Q DPU climbs 2.3%
SINGAPORE (April 27): Suntec Real Estate Investment Trust (REIT) recorded a distribution per unit (DPU) of 2.
Thriven Global FY2016 shows higher losses after audit due to impairment
KUALA LUMPUR (April 26): Thriven Global Bhd said its audited net loss for the financial year ended Dec 31, 2016 (FY16) was much larger as compared the unaudited net loss, due to impairment on the disposal of Bukit Tunku land.
Sunsuria buys controlling stake in construction firm with CIDB licence
KUALA LUMPUR (April 26): Sunsuria Bhd hopes to have access to infrastructure and development projects in the government and private sector through its acquisition of a controlling stake in a firm that holds a Construction Industry Development Board (CIDB) licence.
