WeWork expands into Indonesia with two upcoming locations
SINGAPORE (April 25): New York-based co-working operator WeWork announced on April 24 that it will be entering the Indonesian market with the opening of two co-working offices by 3Q2018.
UEM Sunrise to hand over new Mont’Kiara condominium project by June 2019
KUALA LUMPUR (April 25): Property developer UEM Sunrise Bhd expects to hand over the keys to buyers of its Residensi Sefina Mont’Kiara condominium development in Mont’Kiara here, which has a gross development value of RM307 million, by June next year.
IGB REIT not expected to make any acquisitions in the near term
IGB Real Estate Investment Trust (April 24, RM1.
Axis REIT still has room for more acquisitions
Axis Real Estate Investment Trust (April 24, RM1.
Sarawak Consolidated calls off deal to buy IBS factory owner
KUALA LUMPUR (April 25): Sarawak Consolidated Industries Bhd has terminated its share sale agreement (SSA) to acquire an industrialised building system (IBS) factory owner and operator Carlton Gardens Sdn Bhd for RM9.
Country Garden Pacificview ED is BN’s candidate for Kukup, Johor
KUALA LUMPUR (April 24): Datuk Md Othman Yusof (pictured), executive director of Country Garden Pacificview Sdn Bhd, has been chosen as Barisan Nasional’s (BN) candidate for the Johor state seat of Kukup yesterday.
IGB REIT records better rental income in 1Q, announces DPU of 2.48 sen
KUALA LUMPUR (April 24): IGB Real Estate Investment Trust’s net property income (NPI) rose 6.
KIP REIT looking to diversify into logistics assets
KUALA LUMPUR (April 24): KIP Real Estate Investment Trust (REIT) is looking to diversify upstream into logistics or warehouse assets, said KIP REIT Management Sdn Bhd managing director Datuk Chew Lak Seong.
GuocoLand 3Q net profit surges sixfold, lifted by disposal gains
KUALA LUMPUR (April 23): GuocoLand (Malaysia) Bhd reported an almost six-fold increase in its net profit to RM55.
M'sian construction delegation visits UK for opportunities in development projects
KUALA LUMPUR (April 23): The Construction Industry Development Board (CIDB) today led a delegation of Malaysian construction-related companies to explore opportunities in development projects in the UK owned by Malaysian developers.
