DONE DEAL: Shop at Publika, Solaris Dutamas, Kuala Lumpur
Rented for: RM6,000 a month (RM3.
ARA Asset Management said to mull purchase of Sydney CBD tower
SINGAPORE (May 4): ARA Asset Management, the Singapore manager of REITs, is said to be eyeing the purchase of 320 Pitt Street, a major tower located in Sydney’s central business district which is being sold by a fund managed by Propertylink Group.
Sime Darby Property, KWAP and Brunsfield Development sign MoU to kick-start Malaysia Vision Valley
PETALING JAYA (May 4): Sime Darby Property, Kumpulan Wang Persaraan (Diperbadankan) (KWAP) and Brunsfield Development Sdn Bhd have signed a Memorandum of Understanding (MoU) to lead the development of Malaysia Vision Valley (MVV).
Stronger retail, office segments lift Sunway REIT NPI
KUALA LUMPUR (May 4): Sunway Real Estate Investment Trust (Sunway REIT) reported a 4% rise in net property income (NPI) to RM100.
SHL partners Japan's Marubeni to develop RM327mil condo project
KUALA LUMPUR (May 3): SHL Consolidated Bhd is partnering Japanese general trading firm Marubeni Corp to develop a condominium project with an estimated gross development value of RM327 million in Bandar Sungai Long, Selangor.
Former mosque chairman, secretary in remand over sale of endowment land
MELAKA (May 3): Two former officials of a mosque committee here are in remand for four days beginning today to facilitate investigation into the sale of the mosque's endowment land half a decade ago, Bernama reported today.
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.
