Parkson’s HK-listed unit inks 20-year tenancy agreement in China
The agreement is in respect of a tenancy of a lower ground floor, as well as first to fourth floors of a building with a total gross area of 28,585.
Parkson's unit to offload commercial properties in China for RM182 mil
The department store operating on the properties has been suffering losses due to the weakening spending power of local residents as well as the adverse effects of Covid-19 mitigation policies on the retail business.
KL Metro Group marks topping out of Imperial Lexis KL and Grandview Residence
PETALING JAYA (June 27): Kuala Lumpur Metro Group (KL Metro) and China State Construction Engineering Corporation (CSCEC) Malaysia commemorated the topping out of Imperial Lexis Kuala Lumpur and Grandview Residence on June 22 to mark the completion of the five-star hotel and luxury residences respectively.
i-City invests RM10m for Metaverse theme park enhancement
KUALA LUMPUR (Feb 10): i-City has announced a RM10 million digital transformation plan to enhance its theme park with a Metaverse experience.
I-Bhd, China Mobile team up to build Malaysia’s first green smart building
KUALA LUMPUR (Jan 26): I-Bhd has struck a partnership with China Mobile International (Malaysia) Sdn Bhd (CMIM) to further enhance i-City, by building the first smart green building in the country.
Coastal living at Prince Bay Taiziwan, China
Prince Bay Taiziwan is a residential development located in Shenzhen, China created by China Merchants and Design 10.
Boustead partners PowerChina unit to explore renewable energy, construction opportunities
KUALA LUMPUR (Nov 19): Boustead Holdings Bhd has signed a memorandum of understanding (MoU) with a unit of Power Co Corp of China (PowerChina), to explore collaborations in renewable energy (RE) projects and other civil engineering and construction projects.
China property industry output shrinks for the first time since pandemic
BEIJING (Oct 20): The output of China’s property industry has shrunk 1.
China's new construction activities continue to decline due to strict lending regulations
BEIJING (Oct 18): China's new construction activities continue to slow down for a sixth straight month due to cash-strapped developers putting a halt to their developments as the government tightens the regulations on borrowing, reported Reuters.
