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News about US

Frasers Property Australia to develop over S$205 mil worth of new assets

Jul 25

SINGAPORE (July 25): Frasers Property Australia says it is developing over A$190 million (RM645 million) worth of new assets in terms of end-asset value in The Key Industrial Park and West Park Industrial Estate in Melbourne’s Keysborough district and Truganina city, respectively.

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Government looking to establish single authority for affordable housing

Jul 25

KUALA LUMPUR (July 25): The government is looking to establish a single authority to regulate the housing industry especially for affordable housing in the country.

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Axis REIT’s net property income increases 1.8% in 2Q, declares 2.17 sen DPU

Jul 25

KUALA LUMPUR (July 25): Axis Real Estate Investment Trust’s (Axis REIT) net property income grew marginal to RM36.

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Ascott acquires 80% stake in US accommodation provider Synergy Global Housing

Jul 24

SINGAPORE (July 24): The Ascott, CapitaLand’s serviced residence unit, is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the US where it leases apartments from partners and property owners to rent to corporate clients.

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Axis REIT plans to buy Pahang lands from Wah Seong units for RM155 mil

Jul 24

KUALA LUMPUR (July 24): Axis Real Estate Investment Trust (REIT) is planning to buy one piece of leasehold land and a portion of another leasehold land in Pahang, measuring a total of 126.

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Elata Vita @ Setia Tropika 90% sold, homebuyers queuing up a day before launch

Jul 24

  PETALING JAYA (July 24): S P Setia Bhd’s Elata Vita @ Setia Tropika in Johor Bahru recorded a take-up rate of 90% during its launch last month with homebuyers queuing up a day before the launch day.

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UEM Sunrise eyes 50% take-up rate for third project in Melbourne by year-end

Jul 21

UALA LUMPUR (July 21): Property developer UEM Sunrise Bhd has launched its third development in Melbourne, Australia — a luxury residential project with a gross development value (GDV) of RM1.

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UOA REIT 2Q rental income slides 15%, declares 2.06 sen DPU

Jul 21

KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT)'s second quarter ended June 30, 2017 (2QFY17) net rental income fell 15% to RM14.

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CMMT to embark on various asset enhancement initiatives

Jul 21

CapitaLand Malaysia Mall Trust (July 20, RM1.

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Nexgram sued for RM12.5 million over proposed acquisition of 70% stake in Blue Hill

Jul 19

KUALA LUMPUR (July 19): Nexgram Holdings Bhd’s wholly-owned subsidiary, Nexgram Land Sdn Bhd, is being sued by Spacious Glory Sdn Bhd for RM12.

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