Occupancy rate for KL offices down to 77.9% as at end-2016
PETALING JAYA (April 18): The average occupancy rate for offices in Kuala Lumpur declined to 77.
Landmarks to raise up to RM36.93m via private placement
KUALA LUMPUR (April 18): Landmarks Bhd is proposing a private placement to raise as much as RM36.
Mitrajaya secures RM273.8m building job from STF Resources
Mitrajaya Holdings Bhd (April 17, RM1.
Ekovest bags RM79m job to develop DBKL’s Blue River project
KUALA LUMPUR (April 18): Ekovest Bhd has bagged a RM79 million contract from the Kuala Lumpur City Hall (DBKL) to develop the Blue River Project, which is located in the vicinity of the River of Life Precinct 7 — Masjid Jamek Kuala Lumpur Zone here.
Commercial properties still popular among private buyers, says Knight Frank
PETALING JAYA (April 18): Commercial real estate remains an important asset class for private investors, with 27% of global transaction volumes attributed to them in 2016, according to global real estate consultancy Knight Frank citing Real Capital Analytics.
TH Properties launches affordable 2-storey terraced homes in Seremban
SEREMBAN (April 17): TH Properties Sdn Bhd, a wholly owned subsidiary of Lembaga Tabung Haji has launched another phase of 2-storey terraced houses comprising 99 units (Phase 1B) of Eliya, in Warisan Puteri 2, Seremban last Saturday (April 15).
Ascott Residence Trust’s Japan divestment to support potential acquisitions
SINGAPORE (April 17): UOB Kay Hian is reiterating its “hold” recommendation on Ascott Residence Trust (ART) at a target price of S$1.
Gamuda Land bags 2 wins from TheEdgeProperty.com Malaysia’s Best Managed Property Awards
PETALING JAYA (April 17): Gamuda Land’s Valencia township development and Madge Mansions received a Gold and a Silver award respectively, at the recent TheEdgeProperty.
Frasers Centrepoint to acquire European real estate company for S$471.6 mil
SINGAPORE (April 17): Frasers Property International, the wholly-owned subsidiary of Frasers Centrepoint Limited (FCL), is acquiring an 86.
‘S P Setia-I&P viability hangs on execution’
KUALA LUMPUR (April 17): The viability of Permodalan Nasional Bhd’s (PNB) move to merge two of its biggest property companies, S P Setia Bhd and I&P Group Sdn Bhd, depends on the way the synergy is executed, says a fund manager.
