KLCCPSG’s FY15 core net profit of RM746.1 mil above consensus forecast
KLCC Property Stapled Group (Jan 22, RM7) Maintain hold with a target price of RM7.
MREITs may acquire more assets this year
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
AmProp’s prime London projects remain popular
Amcorp Properties Bhd (Dec 2, 91 sen) Maintain buy with an unchanged target price (TP) of RM1.
Sungei Wang Plaza to remain a laggard for CMMT
CapitaLand Malaysia Mall Trust (Oct 19, RM1.
Property development to carry Suria through port business slowdown
PETALING JAYA (June 8): Suria Capital Holdings Bhd projects that its property development arm will record substantial earnings in its financial years 2015 and 2016 (FY2015 and FY2016).
HFZ Capital crunches into the Big Apple
NEW YORK (May 7): Real estate investment and property developer HFZ Capital Group has launched a 25-storey luxury condominium project comprising 252 units in New York called Fifty Third and Eighth.
