Lagenda 1Q profit grows 4%, doubles FY2025 property launch target
Revenue for the quarter climbed 17.
Revenue for the quarter climbed 17.
The assets are currently fully tenanted with a mix of food and beverages (F&B), lifestyle, health and educational tenants, many of which are under a sales turnover rental model.
IOI Properties also received Certified Green Building Index (GBI) rating under the GBI Non-Residential New Construction: Hotel (NRNC: Hotel) category for its 480-room Moxy Putrajaya that is linked to IOI City Mall, as well as GBI Silver rating for its IOI City Towers 1 and 2.
This follows the recent signing of a Sale and Purchase Agreement between Kwasa Land and ECM Kwasa Damansara Sdn Bhd, a subsidiary of Educ8, for the acquisition of the 11.
Radium Hospital @ Ayer Keroh is scheduled to be operational in the first quarter of 2028, and will be Phase 1 of Radium Centricity, a 7.
Damansara Kim is well-located within Petaling Jaya, for both commercial and residential properties.
KC Lim has been in the real estate industry for 13 years, specialising in the commercial and industrial sectors.
Net rental income for the quarter also dropped 3.
Titijaya said the location of the two assets—offering strong connectivity to both UMS and the upcoming Hospital UMS—makes the area a highly desirable locality in Kota Kinabalu.
Kerjaya Prospek said the acquisition will be executed by its subsidiary, Kerjaya Prospek Ventures Sdn Bhd (KPV), which has entered into a subscription and shareholders’ agreement (SSA) with three Singapore-listed Aspen (Group) Holdings Ltd’s subsidiaries, namely AVL, Aspen Vision Development Sdn Bhd (AVD) and Aspen Vision All Sdn Bhd (AVA).