Rental revival in the British capital

KUALA LUMPUR (April 17): Since 2005, the number of households renting from private landlords in London has increased by 75% from 467,000 to 819,000, according to CBRE’s Residential London report.

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UPDATE KLCC Stapled eyes two multibillion ringgit assets

KUALA LUMPUR (April 17): KLCC Stapled Group, which is made up of KLCC Property Holdings Bhd (KLCC Prop) and KLCC Real Estate Investment Trust (KLCC REIT), is mulling the addition of two multibillion ringgit prime land assets here to its portfolio from its parent company, Petroliam Nasional Bhd (Petronas).

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AmFIRST REIT’s Mydin mall buy to up DPU

KUALA LUMPUR (April 16): AmFIRST Real Estate Investment Trust (AmFIRST REIT) said the acquisition of Mydin Hypermall in Bukit Mertajam, Penang is expected to help lift the distribution per unit (DPU) by 0.

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Mah Sing bags Frost & Sullivan award

KUALA LUMPUR (April 15): Property developer Mah Sing Group was honoured with the 2015 Frost & Sullivan Excellence in Growth Building Construction Industry Award at the 2015 Malaysia Excellence Awards banquet held at Mandarin Oriental yesterday.

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