IGB going ahead with commercial REIT IPO
KUALA LUMPUR (May 30): The Covid-19 pandemic and its economic fallout may have spooked many companies into putting their business plans on the back burner, but not IGB Bhd, The Edge reported today.
KUALA LUMPUR (May 30): The Covid-19 pandemic and its economic fallout may have spooked many companies into putting their business plans on the back burner, but not IGB Bhd, The Edge reported today.
As Malaysia is now into the Conditional Movement Control Order (CMO) periodwhere the majority of the working population is allowed to return to their workplace, Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee is worried about the “invisible health threats” to office workers and occupants as no commercial buildings are designed to be shut down for months at a time.
KUALA LUMPUR (April 25): Commercial buildings closed for weeks or even months to curb the Covid-19 pandemic could “fuel” Legionnaires' disease, Reuters reported yesterday.
KUALA LUMPUR (Feb 12): Elite Commercial Real Estate Investment Trust (REIT), which made its debut on the Singapore Exchange last Thursday as the first UK-focused REIT, has risen by as much as 7.
The oversupply situation in the property market in Malaysia is reflected in the foreclosure market.
KUALA LUMPUR (Oct 30): Malaysia Airlines Bhd (MAB) has inked a wide-ranging commercial agreement with Singapore Airlines (SIA) to share revenue on flights between Singapore and Malaysia, expand codeshare routes and participate in joint marketing activities to develop tourism.
PETALING JAYA (Oct 11): Malaysia’s real estate segment is projected to moderate in tandem with the prolonged overhang of residential and commercial properties.
KUALA LUMPUR (Oct 8): Econpile Holdings Bhd’s unit has been awarded a contract worth RM20.
KAJANG (Sept 23): Decent take-ups of retail and office spaces in the Klang Valley supported the occupancy rate growth of the commercial sector in 1H2019, according to National Property Information Centre (Napic).