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The tenure for the construction of the main building and associate works is 42 months, with a contract value of RM186.

Both parties will collaborate on the study, planning, and preparation of the project bidding document by the bid closing date, arrange project financing with acceptable guarantees and terms, and share costs for external consultants and necessary preparations.

This collaboration will leverage Sime Darby Property’s assets and developments, along with GSPARX's proven track record in delivering rooftop solar projects.

The retail REIT sector is facing challenges from the recent increase in the sales and service tax (SST) to 8%, weak consumer spending, sustained elevated inflation, and fuel subsidy rationalisation.

Aneka Holdings anticipates the sub-contract to contribute positively to the group's consolidated earnings and net assets for the financial years ending Aug 31, 2024 (FY2024) and FY2025, during the duration of the sub-contract.

As of the end of March, Econpile had 19 ongoing projects with an order book of about RM400 million.

It is part of Knight Frank Malaysia’s strategic expansion plan to enhance its presence across Malaysia.

DONE DEAL: Semidee, Bukit Damansara, Kuala Lumpur DONE DEAL: Condo, Verticas Residensi, Bukit Bintang, Kuala Lumpur Property prices for Bukit Bandaraya and Bangsar continue to soar.

Euro Saga Sdn Bhd awarded the contract to Vestland’s wholly owned subsidiary Vestland Resources Sdn Bhd, covering site clearance, demolition, earthworks, drainage, pavement, and road furniture works.

“This intersection of real estate and renewable energy (RE) allows us to tap into new growth areas in the property industry.