JLL: Opportunities for developers under Budget 2024
With substantial funds allocated to infrastructure projects, this “is an opportunity for developers to participate in large scale projects with lower risk profile”.
CIDB subsidiary gets RM1m research grant from YTL Cement
Cream and YTL said the grant is a follow-up to the Memorandum of Understanding (MOU) between the two organisations in April this year, highlighting their shared mission to achieve construction excellence and support of the industry transition to sustainable construction.
Managed industrial parks will attract high-value investment amid ESG trends, says Knight Frank Malaysia
Presenting Knight Frank Malaysia's white key paper titled “ESG by Design: Selangor’s Path To Sustainable Industrial Real Estate”, Frank Malaysia executive director Allan Sim said: “With the launch of Selangor’s Managed Industrial Park (MIP) standard, coupled with green features certification and ESG adoption, MIP developments are expected to attract high-value investment.
Global Oriental acquiring 55% stake in car park management firm
The group is buying the stake in Edisijuta Parking Sdn Bhd (EPSB) for RM27.
Gamuda Land unveils 12 tenants for Quayside Plaza
The 12 tenants are Jihun Korean Fried Chicken, My BurgerLab, BarTailor, Chinese traditional herbal jelly and tea vendor Koong Woh Tong, beauty and collagen drink company Kinohimitsu, Anytime Fitness, Regen Healthcare, children’s toy store Alilo, swimming school Optimum Train Global, drama school Blubricks, Ace Edventure, and STEM programme center Robothink.
AREA Real Estate Advisory completes feasibility study of industrial land at Delapan SBEZ
The site has been selected to be developed into a hyperscale data centre park called the AREA Data Centre Campus (ADCC).
Plenitude registers 50% take-up for Hibiscus @ Impian Hills in Johor
With a gross development value (GDV) of RM1.
Hua Yang 2Q net profit up 59% on higher revenue
Quarterly revenue more than doubled to RM56.
AMMB provides RM450m financing to E&O’s Andaman Island project in Penang
Every building on Andaman Island has been designed to meet Green Building Certification standards, the statement read, and E&O is working closely with its architects and builders to minimise the use of new raw materials.
