UEM Sunrise’s 2Q earnings grow 12.6%
KUALA LUMPUR (Aug 18): UEM Sunrise Bhd saw its net profit for the second quarter ended June 30, 2015 (2QFY15) rise 12.
Germany based pension fund buys shopping mall in Melbourne
MELBOURNE (Aug 17): Munich-based pension fund Bayerische Versorgungskammer (BVK) has acquired Summerhill Shopping Centre in the inner Melbourne suburb of Reservoir, LaSalle Investment Management said in a statement today.
Cautious optimism remains over Iskandar Malaysia residential market: Knight Frank
JOHOR BAHRU (Aug 16): The Iskandar Malaysia residential property market remains cautiously optimistic as transactions volume continued to fall, according to Knight Frank Malaysia Sdn Bhd’s report entitled, Knight Frank Real Estate 1H2015.
11 signs of potential ‘nightmare’ tenants
Renting out a property for rental return may sound like the ideal situation for investors.
Tropicana falls 2.17% on weaker 2Q earnings
KUALA LUMPUR (Aug 14): Shares of Tropicana Corporation Bhd fell 2.
Bukit Jalil’s impressive run
WATCH VIDEO HERE BUKIT Jalil in Kuala Lumpur came into prominence when it was chosen as the location for Malaysia’s National Sports Complex, the venue of the 1998 Commonwealth Games.
Affin: TRX land price at a 2.3% discount to market value
KUALA LUMPUR (Aug 12): Affin Holdings Bhd said the purchase price of RM255 million, or RM4,699 per sq ft, for a 54,266-sq-m plot of land at Tun Razak Exchange (TRX) here represents a discount of RM6 million or 2.
Sunway REIT’s 4Q net profit soars 52%, declares DPU of 2.05 sen
KUALA LUMPUR (Aug 12): Sunway Real Estate Investment Trust (REIT) reported a 52% year-on-year jump in net profit to RM357.
Affin’s land deal is affordable but pricey
KUALA LUMPUR (Aug 12): Besides the bearish market sentiment, the purchase of land in Tun Razak Exchange (TRX) at a record high transaction price has accelerated the fall in Affin Holdings Bhd’s share price, which hit a 3½-year low yesterday.
