Cornerstone to launch London student accommodation

KUALA LUMPUR (Feb 26): Real estate investment consultancy Cornerstone International Properties is launching London Spring Place (LSP), a new phase of a London purpose-built student accommodation project, in Malaysia tomorrow despite the poor local economic sentiment.

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Selangor Properties to see flat earnings growth in FY16

KUALA LUMPUR (Feb 25): Selangor Properties Bhd (Selangor Prop) expects the group's earnings growth to remain flat in its current financial year ending Oct 31, 2016 (FY16), as the group, which has not launched new products for some years — though it has a luxury condominium planned this year — continues to rely on its property investments as its major income stream for now.

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