Hektar REIT expects a strong performance in 2015
KUALA LUMPUR (April 16): Hektar Asset Management Sdn Bhd, the manager of Hektar Real Estate Investment Trust (REIT), expects to maintain a strong portfolio management in 2015.
Former Perdana Parkcity ED joins Berjaya Land
KUALA LUMPUR (April 16): Former executive director (ED) of Perdana Parkcity Sdn Bhd which is the developer of the Desa ParkCity project in Kuala Lumpur, Phan Yoke Seng, has joined Berjaya Land Bhd (Bland) as an executive director.
MBSB: Possible merger within this or next year
KUALA LUMPUR (April 16): While keeping mum on speculation about a merger between Malaysia Building Society Bhd (MBSB) and Bank Islam Malaysia Bhd, MBSB president and chief executive officer Datuk Ahmad Zaini Othman said a merger with an Islamic financial institution is still on the cards, possibly within this or next year.
Penang proposes ‘Sky Cab’ linking island and mainland
KUALA LUMPUR (April 16): The Penang government is in the final stages of exploration with Penang Sentral Sdn Bhd (PSSB) to build a 3.
S P Setia on track to achieve RM4.6 bil sales target for FY15
S P Setia Bhd (April 15, RM3.
High-end condominiums make a comeback in Vietnam, says CBRE
HO CHI MINH CITY: The Vietnam high-end condominium segment made a comeback for first quarter of 2015 (1Q2015) as market sentiment returned, riding on the stable country’s economy, according to CB Richard Ellis’ “Vietnam Market Insights 1Q2015” report.
Pesona Metro bags RM266.75 mil job to build offices, SoHo in Cyberjaya
KUALA LUMPUR (April 15): Pesona Metro Holdings Bhd has bagged a RM266.
UPDATE AmFIRST to firm up Mydin store buy today
KUALA LUMPUR (April 15): AmFIRST Real Estate Investment Trust (AmFIRST REIT) has confirmed that it is acquiring a Mydin store in Bukit Mertajam, Penang — its first investment in the north — confirming a report in The Edge Financial Daily published yesterday.
Hunza: Loke Realty’s suit has no major impact on operations, finance
KUALA LUMPUR (April 15): Penang property developer Hunza Properties Bhd announced that a suit brought against it by Loke Wan Yat Realty Sdn Bhd (Loke Realty) would not have any material operational, financial and losses impact on its operations.
EPF sells London property to British Land for RM1.14 bil
KUALA LUMPUR (April 15): The Employees Provident Fund (EPF) is disposing of its One Sheldon Square at Paddington Central in London’s West End — its first property disposal in the United Kingdom — to London-listed British Land Co plc for £210 million (RM1.
