KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.
VIDEO: Flower Power — 8 simple steps to dress up your dining table WHEN American poet Ralph Waldo Emerson declared the “earth laughs in flowers” in the last century, no one seems to have objected to this day.
PETALING JAYA (Dec 9): Eastern & Oriental Bhd (E&O) plans to launch phase 2 of Avira Garden Terraces at its Avira Iskandar Malaysia development in Johor in the first half of 2017.
PETALING JAYA (Dec 7): The negative trend in the property sector continues as the third quarter of 2016 registered a decline of 8.
ISKANDAR PUTERI (Dec 6): Forest City, a mixed-use development on four man-made islands, is expected to contribute RM66 billion in tax revenue to the government over two decades.
SINGAPORE (Dec 6): Oxley Holdings is acquiring a 40% stake in a Western Australia-based property and construction company, Pindan Group, for A$32 million (S$34 million or RM106.
SINGAPORE (Dec 6): Ascendas REIT is acquiring two properties located along Science Park Drive for S$437.
Real Estate Investment Trusts Maintain neutral call: Malaysian government securities (MGS) yield spiked in November to above 4.
Initiate buy call with a target price of 81 sen: Pesona Metro Holdings Bhd’s new job wins have totalled RM1.
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