Investment sales rebound across Singapore’s real estate sectors in 2Q2021
SINGAPORE (July 23): Singapore’s residential market climbed 96.
IGB Commercial REIT delays IPO listing, cuts size of institutional offering
KUALA LUMPUR (July 3): IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) has postponed its planned initial public offering (IPO), after extending the closing date for the restricted offering to Aug 20 from July 6.
IGB Commercial REIT opens IPO application, says Bursa listing on July 30
KUALA LUMPUR (June 10): IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) said today its initial public offering (IPO) will involve the listing of 2.
MCO: Commercial tenants request for rental waivers, says report
KUALA LUMPUR (May 29): Commercial tenants are requesting rental waivers following the imposition of stricter standard operating procedures for Movement Control Order MCO 3.
IGB Commercial REIT special-purpose entity issues first tranche of RM5b bonds
KUALA LUMPUR (May 19): IGB Commercial REIT Capital Sdn Bhd, a special-purpose entity incorporated by IGB Commercial REIT, has issued the first tranche of RM850 million bonds under its RM5 billion medium-term note (MTN) programme.
Magna Prima to dispose of commercial property in KL for RM56m
KUALA LUMPUR (April 19): Magna Prima Bhd is disposing of a four-storey commercial building in Kuala Lumpur for RM56 million, which the property developer will use to help settle its debts.
TNB: 10,768 commercial customers automatically eligible for 10% power discount
KUALA LUMPUR (Jan 21): Tenaga Nasional Bhd (TNB) said 10,768 of its commercial customers who had previously received a 15% discount under the Penjana economic stimulus package are automatically eligible for the 10% discount under the new Permai package.
Kimlun to buy JB land for RM40.5m for commercial development
KUALA LUMPUR (Jan 5): Kimlun Corp Bhd’s unit plans to buy an 11.
Seremban: Not time yet for high-rise residential
Where are the property hot spots in Seremban? Nilai, Bandar Sri Sendayan, Seremban 2, Seremban 2 Heights and Bandar Ainsdale would be the picks of PA International Property Consultants’ Ong Hai Chuan.
IGB reverses losses in 3Q on higher contributions from business segments
KUALA LUMPUR (Nov 19): IGB Bhd mounted an earnings recovery in its third financial quarter ended Sept 30, 2020 (3QFY20), posting a net profit of RM16.
