UPDATE AmFIRST to firm up Mydin store buy today

KUALA LUMPUR (April 15): AmFIRST Real Estate Investment Trust (AmFIRST REIT) has confirmed that it is acquiring a Mydin store in Bukit Mertajam, Penang — its first investment in the north — confirming a report in The Edge Financial Daily published yesterday.

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EPF sells London property to British Land for RM1.14 bil

KUALA LUMPUR (April 15): The Employees Provident Fund (EPF) is disposing of its One Sheldon Square at Paddington Central in London’s West End — its first property disposal in the United Kingdom — to London-listed British Land Co plc for £210 million (RM1.

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CIDB leads in pledge on sustainable infrastructure

KUALA LUMPUR (April 10): The Construction Industry Development Board (CIDB), in collaboration with the Works Ministry, has signed the Sustainable Infrastructure in Malaysia Pledge to reduce environmental damage and the maintenance cost of buildings.

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Affordable homes in Shah Alam

SHAH ALAM (April 10): Sin Heap Lee Development Sdn Bhd (SHL) recently launched its Sri Budiman Apartments — an affordable 536-unit guarded home development within the 150-acre (60.

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BlackRock sells DoubleTree hotel in KL for RM388 mil

KUALA LUMPUR (April 10): BlackRock Inc, the world’s largest asset manager, has finally found a buyer for its 540-room DoubleTree by Hilton Kuala Lumpur hotel in Singapore-based Royal Group Holdings — owned by tycoon Asok Kumar Hiranandani — more than a year after it was put on the market.

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