Sunway REIT’s 2Q property income up 11.9%, declares 2.57 sen DPU
KUALA LUMPUR (Jan 28): Sunway Real Estate Investment Trust’s (Sunway REIT) net property income (NPI) for the second quarter ended Dec 31, 2015 (2QFY16) came in at RM97.
Stagnant market in Penang keeps price growth minimal in 3Q
MOVEMENT in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh.
PROPERTY SNAPSHOT 4: What’s hot in Mainland Penang?
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Mainland Penang.
Sale of retail space, demand of logistic space expected to increase in Europe, says Savills
KUALA LUMPUR (Jan 27): The sale of retail portfolios and demand for logistic space is expected to increase in Europe this year, said global property services firm Savills in a briefing note entitled “Themes for European property in 2016” released this month.
SCH banks on highway job to soften impact of slowing property market
KUALA LUMPUR: Quarry equipment distributor SCH Group Bhd’s revenue may decline 20% in the current financial year ending Aug 31, 2016 (FY16) due to the property market slowdown, according to its managing director cum deputy chairman Lau Mong Ling.
UEM Sunrise presents Conservatory Melbourne
CONSERVATORY Melbourne, UEM Sunrise Bhd’s second project in Australia, was launched last October and has received good response.
For love and money
IN one corner of the office are trophies bearing his name: 2007 Top Rookie of the Year, 2011 Top Sales, 2012 Top Leader, 2013 Nationwide Top Leader of the Year, among others.
E&O's STP2 project to start moving end-January
KUALA LUMPUR (Jan 22): Lifestyle property developer Eastern & Oriental Bhd (E&O) has formally signed a RM1.
