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PETALING JAYA (Jan 30): One Crown Place, a mixed-use development in London developed by the Malaysian infrastructure conglomerate AlloyMtd Group, will open a luxury hotel in early 2020 within a restored Georgian terrace built in the 1800s, said adviser CBRE Group Inc in a statement today.

KUALA LUMPUR (Jan 30): EcoFirst Consolidated Bhd saw its net profit for the second quarter ended Nov 30, 2017 (2QFY18) lifted by over five times to RM27.

KUALA LUMPUR (Jan 30): Amcorp Properties Bhd (AmProp) together with its joint-venture (JV) partner, Grosvenor Europe Investments Ltd, have acquired a residential development project in the sought-after Chamberi district of Madrid, Spain.

KUALA LUMPUR (Jan 30): Mastery Academy of Chinese Metaphysics founder Datuk Joey Yap foresees the real estate market in Malaysia to remain sluggish in the Year of the Dog.

Pesona Metro Holdings Bhd (Jan 29, 44 sen) Maintain buy recommendation with a target price (TP) of 70 sen: Pesona Metro Holdings Bhd announced that it had been awarded a RM161.

STOCKHOLM, SWEDEN (Jan 30): IKEA founder Ingvar Kamprad, who built a global business empire with revolutionary flat-pack furniture and was known for his contempt for taxes, died aged 91, the Swedish furnishing giant said last Sunday (Jan 28).

  PETALING JAYA (Jan 30): The magistrate’s court at Putrajaya has released the chairman of an engineering consultancy who had been remanded for five days since Jan 25 to assist the Malaysian Anti-Corruption Commission (MACC) in its investigation into a three-highway and undersea tunnel project in Penang, reported Bernama.

KUALA LUMPUR (Jan 30): S P Setia Bhd said it has fixed the issue price for its 325 million new placement shares at RM3.

PETALING JAYA (Jan 29): There is still concern about the “sustainability” of the retail sector in Kota Kinabalu, Sabah in 2H17 as there is an absence of proposed new launches for the retail sub-sector, which is similar to 1H17, said property consultancy Knight Frank Malaysia.

PETALING JAYA (Jan 29): More retailers are expected to embrace the “clicks and mortar” concept as e-commerce sees rapid growth in Malaysia, said Knight Frank Malaysia in its latest research report titled “Real estate highlights for 2nd half of 2017”.