Global real estate assets under management up 20% to US$2.5 trillion in 2016
PETALING JAYA (May 25): The total value of global real estate assets under management (AUM) surged by 20% year-on-year from US$2.
Plenitude registers 13% drop in 3Q earnings
KUALA LUMPUR (May 25): Property developer cum hotel operator Plenitude Bhd saw its third quarter ended March 31, 2017 (3QFY17) net profit declined by 13% to RM12.
Good start for Pesona Metro
Pesona Metro Holdings Bhd (May 24, 67 sen) Maintain buy with an unchanged target price of 81 sen: Pesona Metro Holdings Bhd reported its first quarter of financial year 2017 (1QFY17) results with revenue of RM160.
Losses mount in resale market in Singapore
The take-up rate of new homes, as measured by the sales-to-launch ratio, has dropped from 117% in March to 96% last month, notes Nicholas Mak, executive director of research and consultancy at SLP International.
Sentoria bags RM61 mil design and build job
KUALA LUMPUR (May 24): Sentoria Group Bhd's wholly-owned subsidiary Sentoria Bina Sdn Bhd will take on a construction project involving 506 units of single-storey semi-detached houses in Pahang worth RM60.
Sunsuria 2Q net profit surges over fivefold on strong sales
KUALA LUMPUR (May 24): Property developer Sunsuria Bhd's net profit for the second financial quarter ended March 31, 2017 (2QFY17) surged more than fivefold to RM18 million or 2.
Polish model wins The Apartment: Rising Stars Edition
PETALING JAYA (May 23): After 10 gruelling episodes, Aleksandra Flasz from Poland emerged as the winner of The Apartment: Rising Stars Edition, and walked away with US$100,000 (RM430,000) cash prize.
Magna Prima says open to jointly developing Lai Meng school plot
SHAH ALAM (May 24): Property developer Magna Prima Bhd is open to all kinds of possibilities in terms of monetising its 1.
Oriental Interest buys 222 acres of land worth RM129 mil
KUALA LUMPUR (May 24): Oriental Interest Bhd is buying 222.
E&O back in the black in 4Q; STP2A on track to complete in 2H18
KUALA LUMPUR (May 24): Property developer Eastern & Oriental Bhd (E&O) returned to the black in the fourth quarter ended March 31, 2017 (4QFY17), posting a net profit of RM49.
