Robust showing for CapitaLand in China
SINGAPORE (July 4): CIMB says CapitaLand is on track to meeting its 8% ROE target by 2018.
REHDA targets RM1 bil sales at MAPEX Affordable Housing carnival
KUALA LUMPUR (July 4): The Real Estate and Housing Developers' Association (REHDA) is targeting to achieve RM1 billion in sales from around 100,000 units ranging not more than RM500,000 at its upcoming 3-day Affordable Housing Carnival — Malaysia Property Expo (MAPEX) from Aug 11 to Aug 13, 2017.
Property divestments bode well for CapitaLand Commercial Trust’s M&A prospects
SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT), following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of S$280 million (RM870 million).
Eversendai down 7% on possible profit-taking
KUALA LUMPUR (July 4): Eversendai Corp Bhd fell as much as 6.
Bina Puri unit gets IDX nod for listing
KUALA LUMPUR (July 4): Construction player Bina Puri Holdings Bhd has received the green light from the Indonesia Stock Exchange (IDX) for the listing of its subsidiary PT Megapower Makmur Tbk.
Bina Puri rises 3.66% ahead of listing of Indonesian subsidiary
KUALA LUMPUR (July 4): Bina Puri Holdings Bhd rose 3.
Asia-Pacific real estate investors heavily focused on yield spreads
THE investment landscape for Asia-Pacific real estate has transformed significantly in the past decade.
Sunsuria introduces one-stop concierge service
PETALING JAYA (July 3): Sunsuria Bhd has rolled out Sunsuria Concierge, a one-stop concierge service for its customers.
Ex-Penang Land and Mines Office director appointed ED in Ivory Properties
KUALA LUMPUR (July 3): Former director of the Penang Land and Mines Office Datuk Arifin Haji Awang has been appointed as an executive director (ED) in Penang-based property developer Ivory Properties Group Bhd.
