Blackstone in negotiations to buy Sime Darby’s Aussie assets, says report
KUALA LUMPUR (May 4): Blackstone Group LP is in negotiations to buy industrial properties owned by Sime Darby Bhd in Australia, according to a report by Bloomberg.
Sime Darby Property celebrates Subang Jaya’s 40th anniversary
KUALA LUMPUR (May 4): Sime Darby Property Bhd is capitalising on social media via digital platforms like Facebook, Instagram and YouTube, to mark Subang Jaya’s 40th anniversary celebration.
Bina Puri, Prasarana JV to build KK BRT
BINA Puri Holdings Bhd, in partnership with Prasarana Malaysia Bhd (formerly known as Syarikat Prasarana Negara Bhd), is likely to win the RM1 billion contract to build the bus rapid transit (BRT) system in Kota Kinabalu, sources say.
Pavilion REIT likely to continue its acquisition trail
Pavilion Real Estate Investment Trust (April 29, RM1.
Australia real estate investment provides steady return
KUALA LUMPUR (April 30): While Australian real estate does not offer capital gains that are as aggressive as those found in emerging markets, properties Down Under provide long term steady returns and enjoy strong demand, said an Australia property investment consultant.
S P Setia buys fifth plot of Melbourne land for RM1.9b mixed development
KUALA LUMPUR (April 29): S P Setia Bhd is purchasing its fifth land in Melbourne, Australia, for A$101 million (RM300.
WCSC 2016 to be held on Sept 8
KELANA JAYA (April 29): The 8th International Conference on World Class Sustainable Cities (WCSC 2016) will be held on Sept 8 with the theme “City Spaces, Public Places”.
DPS to jointly develop RM166.3 mil mixed project
KUALA LUMPUR (April 29): DPS Resources Bhd’s wholly-owned unit Shantawood Sdn Bhd has inked a joint venture (JV) agreement to complete a mixed development with a gross development value (GDV) of RM166.
Design news from around the world
Sunlight to street lights By the end of this year, the streets in the western region of France will welcome a fascinating new resident – solar-powered street furniture by French designer Mathieu Lehanneur.
