Axis REIT’s earnings crimped by higher expenses
Axis Real Estate Investment Trust (Jan 19, RM1.
Axis Real Estate Investment Trust (Jan 19, RM1.
KUALA LUMPUR (Jan 20): Yong Tai Bhd has aborted plans to develop a luxury serviced apartment project in Jalan U-Thant here, which carries a gross development value of RM168 million, via a joint venture (JV).
Here are the average prices of non-landed residential property in Southwest Penang on a per square foot (psf) basis.
KUALA LUMPUR (Jan 19): CIMB Investment Bank Bhd said Malaysia's Budget 2016 revision was "unlikely to be a huge negative" for construction projects, in anticipation the government would continue to spend on high-impact jobs.
Amcorp Properties Bhd (Jan 18, 83 sen) Maintain buy with an unchanged target price of RM1.
Pintaras Jaya Bhd (Jan 18, RM3.
KUALA LUMPUR: AmFirst Real Estate Investment Trust has secured a RM250 million syndicated-term loan facility from Public Bank Bhd andAmBank (M) Bhd to acquire six pieces of land in Seberang Perai Tengah, Penang.
Northeast Penang is perceived as the upmarket part of the island, but Southwest Penang is becoming more appealing with numerous projects underway related to the Penang Second Bridge and Penang Transport Master Plan.
CYBERJAYA (Jan 18): Container Hotel Group, Everly Group and BND Global Development signed a memorandum of collaboration to develop Cyberjaya’s first international youth hotel today.
KUALA LUMPUR (Jan 18): Terror groups are targeting Bukit Bintang, Hartamas, Bangsar and malls, such as Publika and The Curve, Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor said yesterday.