MBSB's 2Q net profit down 26% on impairment losses
KUALA LUMPUR (Aug 8): Malaysia Building Society Bhd (MBSB) posted a 26.
KUALA LUMPUR (Aug 8): Malaysia Building Society Bhd (MBSB) posted a 26.
Axis Real Estate Investment Trust (Aug 5, RM1.
KUALA LUMPUR (Aug 3): Malaysian houses priced up to RM165,060 each are "considered affordable" to the median Malaysian household, but only 21% of housing launches in the country were priced below RM250,000 in 2014.
KUALA LUMPUR (Aug 3): KLCC Stapled Group, comprising KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), recorded a total realised distributable income of RM167.
Bina Puri Holdings Bhd (Aug 2, RM0.
SINGAPORE (Aug 2): Frasers Centrepoint Ltd’s Australian unit, Frasers Property Australia (formerly Australand), on Tuesday announced it is acquiring a 10ha site adjacent to its Eastern Creek Business Park in western Sydney.
KUALA LUMPUR (Aug 2): Malaysians are looking at offshore investments to diversify from ringgit-denominated assets, considering that the exchange rate of the local currency does not fare well in the low crude oil price environment.
WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.
KUALA LUMPUR (Aug 1): Bina Puri Holdings Bhd has bagged an RM80 million contract from Arus Sutera Sdn Bhd to provide project management consultancy services for 440 units of walk-up flats under the People's Housing Project in Pitas, Sabah.
Pavilion Real Estate Investment Trust (July 29, RM1.