Sunway 1Q net profit up on building sales, higher profit contributions
KUALA LUMPUR (May 27): Sunway Bhd's net profit rose 41% to RM146.
UEM Sunrise cancels mega project in Iskandar region
JOHOR BARU (May 26) The main developer of Iskandar Malaysia, UEM Sunrise Bhd, has abandoned its plans to build the Asian Trade Centre, one of the major projects for the region, the Straits Times reported today.
LaSalle acquires retail site in Marsden Park
SYDNEY (May 26): LaSalle Investment Management (LaSalle), on behalf of LaSalle Australia Club Investments Trust (LACIT), announced that LACIT has acquired a site on which a large format retail will be constructed with the newly created Sydney Business Park, according to a statement by LaSalle today.
Boustead 1Q net profit plunges 99.8%
KUALA LUMPUR (May 25): Boustead Holdings Bhd's net profit for the first quarter ended March 31, 2015 (1QFY15) has plunged 99.
Supply glut in Iskandar haunts UEM Sunrise
KUALA LUMPUR: UEM Sunrise Bhd, the largest landlord in the Iskandar region in Johor, has seen its share price shrink to only one-third of its peak at RM3.
Principal Place Residential launches £160m Upper House in KL
KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.
UEM Sunrise takes steps to limit exposure to Iskandar
KUALA LUMPUR (May 21): Property developer UEM Sunrise Bhd is taking steps to limit its exposure to Iskandar Johor as the area has been plagued by oversupply of property development projects.
EcoWorld opens international gallery in Singapore
SINGAPORE (May 15): EcoWorld Development Group Bhd (EcoWorld) celebrated the opening of its international EcoWorld Gallery @ Singapore today.
London’s Garden House launches in Kuala Lumpur
KUALA LUMPUR (May 15): Knight Frank, together with Jones Lang LaSalle (JLL), will be launching London’s latest property development, Garden House W2, this weekend at the Mandarin Oriental Kuala Lumpur.
