Sunway REIT 2Q DPU falls 11.3%
KUALA LUMPUR (Feb 15): Sunway Real Estate Investment Trust’s (REIT) distribution per unit (DPU) for the second quarter ended Dec 31, 2016 (2QFY17) fell 11.
Knight Frank Singapore bracing for the next lap
IN December, Knight Frank Singapore relocated from its office on the 30th floor of Hong Leong Building.
Bina Darulaman ends FY16 with double-digit net profit growth
KUALA LUMPUR (Feb 14): Bina Darulaman Bhd (BDB) saw its net profit rise 61.
Ekovest up 6% on special dividend
KUALA LUMPUR (Feb 14): Ekovest Bhd rose as much as 17 sen or 6% after the company declared a special dividend of 25 sen a share to shareholders.
CapitaLand acquires additional 20% stake in CTD for S$25.4 mil
SINGAPORE (Feb 14): CapitaLand announced Monday that its wholly-owned subsidiary CLV Investment 5 has acquired an additional 20% interest in CapitaLand-Thien Duc Company (CTD) for a cash consideration of US$17.
Ekovest to pay 25 sen special dividend post DUKE stake sale
KUALA LUMPUR (Feb 14): Ekovest Bhd, which has completed the sale of a 40% stake in the Duta-Ulu Kelang Expressway (DUKE) concession to the Employees Provident Fund (EPF), will be paying a 25 sen special dividend to shareholders.
PR1MA: Start moratorium from CCC date
KUALA LUMPUR (Feb 14): Perbadanan PR1MA Malaysia has submitted a proposal to the government for the moratorium on reselling imposed on buyers of its houses to commence from the date the Certificate of Completion and Compliance (CCC) issued.
M101 partners Studio F. A. Porsche for design suites
RITZY, designer serviced suites have gained in popularity in recent times.
Soft market, new opportunities
While there was a sharp drop in the volume of transactions across all subsectors in the property market last year, average prices per unit are still increasing 5%, says CBRE | WTW managing director Foo Gee Jen in presenting the Malaysia series of the property consultancy firm’s Asia-Pacific Real Estate Market Outlook for 2017.
