Le Meridien owner buys Hilton KL for RM497m
KUALA LUMPUR (Dec 19): Japanese billionaire Katsumi Tada has sold his prized premium-class Hilton Kuala Lumpur Hotel (Hilton KL) in Kuala Lumpur Sentral (KL Sentral) here for ¥13.
IWCity active, up 3.79% on takeover notice from Ekovest
KUALA LUMPUR (Dec 19): Iskandar Waterfront City Bhd (IWCity) shares rose 3.
Ekovest serves takeover notice on Iskandar Waterfront City
KUALA LUMPUR (Dec 19): Ekovest Bhd has issued a takeover notice to buy a 62% stake in Iskandar Waterfront City Bhd (IWCity) at RM1.
Rapid rise in house prices since 2008 could cause future instability, says World Bank
PETALING JAYA (Dec 19): The rapid rise of Malaysia’s real housing prices since 2008 could be a source of future instability, the World Bank said in a recent report.
Econpile secures RM32.8m piling contract
KUALA LUMPUR (Dec 18): Econpile Holdings Bhd has secured a RM32.
Weaker KL prime office market ahead, says Knight Frank
PETALING JAYA (Dec 18): The prime office market in Kuala Lumpur is forecast to be weaker for the next 12 months, according to Knight Frank’s Asia Pacific Prime Office Rental Index 3Q17.
Berlin is global investor’s dream city, says Knight Frank
PETALING JAYA (Dec 18): Berlin is one of the top cities among global homebuyers owing to a number of qualities that boost its investment potential, said global consultancy Knight Frank in its Prime Residential Cities Forecast.
Paris tops Knight Frank’s Prime Residential City Forecasts
PETALING JAYA (Dec 18): Paris tops the list of cities with most growth potential, with a projected 9% price growth following years of slow capital appreciation as it benefits from the Eurozone’s improved economic outlook, said global property consultancy Knight Frank.
Gamuda up on dividend, 1Q profit
KUALA LUMPUR (Dec 18): Gamuda Bhd rose as much as 10 sen or 2% after the builder and property developer reported higher first quarter net profit at RM203.
