Pavilion REIT’s earnings expected to pick up in 2HFY16
Pavilion Real Estate Investment Trust (July 29, RM1.
Pavilion Real Estate Investment Trust (July 29, RM1.
ON a recent visit to Sri Lanka, I came away most inspired by the architecture and design features of many of its old and more recent buildings.
PETALING JAYA (July 30): Berkeley Group, a property developer from the UK, will be launching the first phase of its Queenshurst apartments in Kingston upon Thames, London, in Malaysia today.
KUALA LUMPUR (July 29): The Securities Commission (SC) has rejected Yi-Lai Bhd's waiver application for Aspen Vision All Sdn Bhd to comply with the regulator's requirement that Aspen Vision All must be an operating entity for at least three years.
KUALA LUMPUR (July 29): Rental income from DaMen Mall and Intermark Mall, which Pavilion Real Estate Investment Trust (PavREIT) acquired at end-March, lifted the trust’s net property income (NPI) for the second quarter ended June 30, 2016 (2QFY16), by 13.
KUALA LUMPUR (July 28): Tatt Giap Group Bhd, a loss making stainless steel pipe maker, is selling its property in Shah Alam, which spans a 86,876 sq ft land, for RM15.
NILAI (July 28): The recent amendments to land laws that were passed in Parliament recently will be a boost to attract new foreign investments, said Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said yesterday, Bernama reported He added that the amendments would also help the public tremendously on matters relating to land.
KUALA LUMPUR (July 27): Genting Malaysia Bhd has proposed to transfer boat-slip permits from properties on the Miami River in Florida to the casino operator's waterfront site, which has been earmarked for a 50-yacht marina, according to Miami Herald.
PETALING JAYA (July 27): The outlook for the property market in the second half of 2016 (2H2016) is expected to remain subdued, said Valuation and Property Services Department director-general Datuk Faizan Abdul Rahman at the Malaysian Property Summit Mid-Year Review 2016 today.
KUALA LUMPUR (July 27): Primary market property sales plunged in 1H2016 from a year ago, underpinned by the sluggish global economy and poor local market sentiments, according to preliminary figures by the Valuation and Property Services Department.