News about es

KUALA LUMPUR (April 12): Axis Real Investment Trust (REIT) is acquiring a logistics warehouse facility in Pelabuhan Tanjung Pelepas (PTP) in Johor for RM390 million cash, its largest acquisition to date.

PETALING JAYA (April 11): The Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd announced that their joint venture (JV) company — SDPLOG — has successfully secured preliminary commitments of 50% for the first close of its inaugural Industrial Development Fund at US$250 million (RM1 billion).

KUALA LUMPUR (April 11): RHB Investment Bank Bhd said the property sector should generally benefit from the re-opening of the economy and international borders.

KUALA LUMPUR (April 11): Sunway Real Estate Investment Trust (Sunway REIT) has appointed Tan Sri Amirsham Aziz, a former Minister as well as former Maybank president and chief executive officer, as its new chairman effective Friday (April 8).

PETALING JAYA (April 11): Tropicana Corp Bhd’s Aster Heights has been fully taken up since its launch in December last year.

KUALA LUMPUR (April 11): Jentayu Sustainables Bhd (formerly known as Ipmuda Bhd) has proposed to sell a parcel of leasehold redevelopment industrial land with warehouses and offices in Petaling Jaya for RM19.

PETALING JAYA (April 8): Gagasan Nadi Cergas Bhd is targeting to deliver more than 10,000 affordable houses over the next five years, beginning with the launch of 2,800 units in financial year 2022 ending Dec 31, 2022.

PETALING JAYA (April 8): As the real estate industry sees rapid changes, which have been further accelerated by the Covid-19 pandemic, property agents and agencies over the past years have utilised technology to their advantage to stay in the game.

KUALA LUMPUR (April 7): Despite the outlook on retail sales improving, AmInvestment Bank expects rental reversions for malls in prime locations to remain muted in the near term as tenants will still require some time to recover to their pre-pandemic sales level.

KUALA LUMPUR (April 7): Kerjaya Prospek Group Bhd was among the top gainers in morning trade on Bursa Malaysia on Thursday (April 7) after the company secured a RM265 million contract in Penang.