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The upcoming Four Seasons Okinawa is located along the Sunset Strip, the western coast of the island.

The net loss in the quarter was mainly due to its subsidiary HR Owen plc reporting a loss, which is attributed to lower revenue coupled with higher operating expenses incurred due to inflationary pressure and the higher depreciation following the completion and full operation of Hatfield Center.

Post disposals, BAsset’s shareholding in BCorp is trimmed to 174.

Sources said other technical members of the consortium include Japan’s Hitachi Rail STS, which specialises in providing signalling systems, Hyundai Rotem Co, a South Korean company that manufactures rolling stock, and German rail operator Deutsche Bahn AG’s unit DB Engineering & Consulting GmbH.

Notably, BLand shares touched a three-year high, surging as much as 9.

The consortium led by BRail submitted the request for information (RFI) concept proposal for the project shortly before the submission deadline, according to sources.

Property cycles, once a vague but nevertheless useful guide to the timing of new property launches, no longer exist.

The marginally higher revenue was thanks to STM Lottery's better topline, higher occupancy and room rates reported by its hotels division, and the disposal of land coupled with higher revenue from construction activities by its property development and investment division, which offset lower revenue reported by HR Owen.

Spanning 32 acres, Four Seasons Okinawa has an estimated gross development value of US$1.

DONE DEAL: Agricultural land, Tanarimba, Janda Baik, Pahang DONE DEAL: Serviced residence, Residensi Lucentia, Kuala Lumpur Located at CBD Perdana 2, a distinctive project encompassing retail and corporate office spaces, the successor to CBD Perdana 1 in Cyberjaya, the shop is surrounded by an array of conveniences.