Asia Square Tower 1 sets record deal
SOVEREIGN wealth fund Qatar Investment Authority (QIA) has purchased Asia Square Tower 1 for S$3.
CapitaLand Commercial Trust proposes to buy remainder 60% interest in CapitaGreen for S$393m
SINGAPORE (May 23): CapitaLand Commercial Trust (CCT) has proposed to acquire the remainder 60% interest in Grade A office tower CapitaGreen for S$393 million.
Matt Lorrain: Head of Product Development and Design at SP01
WHO: Matt Lorrain’s (pictured) foray into furniture design was almost a fluke.
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Juta Asia Corp and CapitaLand to hold a preview for genKL condos this weekend
PETALING JAYA (May 19): Property developer Juta Asia Corp and Singapore’s CapitaLand will hold a preview for the genKL condominium development, which comprises 332 units, in Kuchai Lama at Bangsar South this weekend, said CapitaLand Malaysia in a press release on behalf of both parties.
Oakwood keen to expand its presence in Malaysia
KUALA LUMPUR (May 16): International hospitality manager and operator Oakwood Asia Pacific aims to grow its presence in Malaysia through new partnerships and is seeking such opportunities with local property owners, said its sales, marketing and revenue management vice president Paul Stocker.
JLL: Asia Pacific cities dominate world’s luxury retail destinations
PETALING JAYA (May 10): Seven out of ten cities with the highest presence of luxury retailers are in the Asia Pacific, said international real estate services firm JLL in its recently-published “Destination Retail 2016” report.
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FEH positive on Malaysia’s tourism industry
PETALING JAYA (April 11): Singaporean hotel and serviced residences operator Far East Hospitality (FEH) is upbeat about Malaysia’s tourism industry and is poised to take advantage of an anticipated growth in international tourist arrivals to the country, said CEO Arthur Kiong.
Companies scaling back on office space per head
PETALING JAYA (March 24): Companies are more sensitive and cautious in their spending on office space compared with 20 to 30 years ago, said JLL country head for Malaysia YY Lau.
Asia Pacific office space demand up by 33% in 2015
PETALING JAYA (March 22): Despite the slowdown in the property market, demand for Asia Pacific’s office space increased by 33% in 2015 compared with 2014, said JLL’s head of research of Asia Pacific capital markets Megan Walters.
Total Sports Asia to boost Bukit Jalil sports complex’s value
KUALA LUMPUR (March 9): Total Sports Asia (TSA), a pioneer in the sports marketing industry in Asia, has been appointed by Malaysia Stadium Corporation (PSM) to strategise and oversee the commercialisation of Kuala Lumpur Sports City (KL Sports City), which will include the redevelopment of Bukit Jalil National Sports Complex.
