Pavilion REIT 2Q NPI jumps 74.5% as economic reopens
KUALA LUMPUR (July 29): Pavilion Real Estate Investment Trust (REIT) net property income (NPI) for the second quarter ended June 30, 2022 (2QFY22) jumped 74.
What is the Construction Labour Exchange Centre?
KUALA LUMPUR (July 21): The Construction Labour Exchange Centre Bhd (CLAB) rarely makes headlines, until the government’s recent decision to allow the entity to fully manage applications of more than 100 foreign construction workers’ entry into the country.
Solarvest to jointly develop solar ready facilities with NCT Land at Selangor Smart Industrial Park
KUALA LUMPUR (July 20): Solarvest Holdings Bhd has inked a memorandum of understanding (MoU) with property developer NCT Land Sdn Bhd to jointly develop 1,000 units of solar ready factories and warehouses at Selangor Smart Industrial Park to reduce industrial and commercial carbon footprints.
Boustead Properties teams up with FRIM Incorporated for river conservation in Mutiara Hills
KUALA LUMPUR (July 18): Boustead Properties Bhd is collaborating with FRIM Incorporated Sdn Bhd for the conservation and preservation of a 2.
Wan Azman steps down from the boards of Al-Salam REIT and Al-‘Aqar Healthcare REIT
KUALA LUMPUR (July 18): Al-Salam Real Estate Investment Trust (REIT) and Al-‘Aqar Healthcare REIT's chief executive officer Wan Azman Ismail, 58, has stepped down as executive director in both the listed entities after completing his contract of service.
Resurrection of EOT: Old wine in new bottles?
There seems to be an ongoing attempt at circumventing the Federal Court decision to allow the authorities to again extend the deadline for delivery of vacant possession.
Rehda, KPKT and Omnia organise Karnival Jom Beli Rumah to encourage homeownership
PETALING JAYA (July 6): The Real Estate and Housing Developers’ Association (Rehda) Malaysia, together with the Ministry of Housing and Local Government (KPKT) and Media Prima Omnia Bhd (Omnia) have organised Karnival Jom Beli Rumah, which is an initiative by the government to encourage homeownership among the rakyat.
RHB Research names Axis REIT and IGB REIT as top picks, positive on sector
KUALA LUMPUR (June 28): RHB Research on Tuesday (June 28) said it is more positive on the Malaysian real estate investment trust (REIT) sector as a defensive play due to "guaranteed" rental income despite the current global inflationary environment.
WCSC 2022 returns in September
PETALING JAYA (June 27): Kuala Lumpur will be hosting the 13th International Conference on World Class Sustainable Cities 2022 (WCSC 2022) on Sept 13, 2022 at the Royale Chulan Kuala Lumpur hotel.
Sunway REIT acquires industrial property in PJ for RM60m
KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust (Sunway REIT) has acquired a 3.
