KIP REIT 1Q NPI up 3.7% on lower property operating expenses
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust (REIT) saw its net property income (NPI) for the first quarter ended Sept 30, 2020 (1QFY21) rise by 3.
KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust (REIT) saw its net property income (NPI) for the first quarter ended Sept 30, 2020 (1QFY21) rise by 3.
SINGAPORE (Oct 20): British inventor of the bagless vacuum cleaner James Dyson and his wife are letting go of their three-storey penthouse for S$62 million (US$189 million), for a price cut of close to 16%, Reuters reported.
KUALA LUMPUR (Oct 19): Kuala Lumpur is gaining global investors’ attention as a preferred principal location to grow their business in the region and globally, said EY in its latest investor guide.
KUALA LUMPUR (Oct 17): The Ministry of Health (MoH) clarified today that there are 11,076 beds in hospitals and quarantine and low-risk treatment centres across Malaysia to treat Covid-19 patients.
KUALA LUMPUR (Oct 17): The latest two-week Conditional Movement Control Order (CMCO) could cause retailers to lose “a whopping” RM3.
PETALING JAYA (Oct 17): Local hotel associations have called on the government to find ways “to fairly regulate Airbnb”.
Retail mall businesses have been heavily battered since the beginning of the Covid-19 pandemic.
KUALA LUMPUR (Oct 15): TA Global Bhd’s subsidiary Menara TA Sdn Bhd has been sued by Tien Entertainment Sdn Bhd over the alleged wrongful termination of tenancy.
Penang-based property developer Aspen (Group) Holdings Limited (Aspen Group) has announced the company’s latest venture into the rubber glove manufacturing business in August this year, as a move to diversify from its property development business.
While the Covid-19 pandemic has put a stop to almost all economic activities globally, except for certain industries are booming such as glove manufacturing, the industry property segment appears to be a silver-lining for the property market in Malaysia.