UPDATE: PRG eyes Myanmar, Philippines

KUALA LUMPUR (July 20): PRG Holdings Bhd, which is planning to develop affordable housing in Sungai Buloh, Selangor, is exploring business opportunities in Myanmar and the Philippines to expand the company’s construction and real estate development operations.

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Investors favour real estate, private equity and hedge funds

THE real estate sector may deliver better returns than bonds, but investors should be patient and selective when looking at new property allocations, according to the Global Alternatives Survey 2016, published by Willis Towers Watson, a leading global advisory and broking and solutions company headquartered in London.

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Sizing up SC’s proposed changes to REIT rules

REAL estate investment trusts (REITs), as prospective property buyers, not only provide a new source of deals but is also an avenue for banks to cut property-related lending exposure as developers raise cash from property disposals to relieve their stretched balance sheets.

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PRG in Selangor housing project JV

KUALA LUMPUR (July 19): PRG Holdings Bhd plans to develop residential properties in Selangor's Section U5 through a proposed joint venture (JV) with Baycity Park Sdn Bhd.

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PRG eyes Myanmar and Philippines

KUALA LUMPUR (July 19): PRG Holdings Bhd is exploring business opportunities in Myanmar and the Philippines to expand the company's construction and real estate development operations.

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Ekovest to keep EkoCheras Mall for planned REIT, says chairman

KUALA LUMPUR (July 19): Ekovest Bhd does not intend to sell its EkoCheras Mall as it plans to keep it for recurring income and to group it with other properties that provide recurring income, like the group’s RM4 billion River of Life project, to form a real estate investment trust (REIT), said its executive chairman Tan Sri Lim Kang Hoo (pictured).

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