Hua Yang acquires Ipoh land to develop RM295.1 mil mixed project
KUALA LUMPUR (May 5): Property developer Hua Yang Bhd is acquiring a 3.
ICSB refutes agreement with TRX on Bandar Malaysia has lapsed
KUALA LUMPUR (MAY 5): IWH CREC Sdn Bhd (ICSB) has refuted the claims made by TRX City Sdn Bhd that it had failed to meet the payment conditions precedent under the share sale agreement (SSA) between the two parties regarding the sale of 60% of the issued and paid-up capital of Bandar Malaysia Sdn Bhd.
Sunway REIT 9MFY17 is well within expectations
Sunway Real Estate Investment Trust (May 4, RM1.
OWG’s projects seen to attract more visitations from 2H17
Only World Group Holdings Bhd (May 4, RM1.
1MDB chairman: Bandar Malaysia project 'still on'
PETALING JAYA (May 4): 1MDB chairman Tan Sri Irwan Serigar Abdullah said the Bandar Malaysia project will go ahead, Malaysiakini reported last night.
Either 1MDB or MoF to foot refund of RM741m deposit
KUALA LUMPUR (May 5): Questions are now being raised over who will refund the RM741 million deposit paid by a consortium led by Iskandar Waterfront Holdings Sdn Bhd (IWH) to acquire a 60% equity interest in Bandar Malaysia Sdn Bhd after the deal was called off on Wednesday.
Ascott acquires hotel on New York’s Fifth Avenue for S$68 mil
SINGAPORE (May 5): The Ascott Ltd, CapitaLand’s wholly-owned serviced residence business unit, has acquired a prime property on New York’s Fifth Avenue.
‘Financing in place for IWH CREC’s Bandar Malaysia buy’
KUALA LUMPUR (May 5): Financing was already in place for IWH CREC Sdn Bhd’s plan to acquire a 60% interest in the Bandar Malaysia project for RM7.
DONE DEAL: Shop at Publika, Solaris Dutamas, Kuala Lumpur
Rented for: RM6,000 a month (RM3.
ARA Asset Management said to mull purchase of Sydney CBD tower
SINGAPORE (May 4): ARA Asset Management, the Singapore manager of REITs, is said to be eyeing the purchase of 320 Pitt Street, a major tower located in Sydney’s central business district which is being sold by a fund managed by Propertylink Group.
