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KUALA LUMPUR (June 29): Ikhmas Jaya Group Bhd rose 3.

PETALING JAYA (June 29): Construction and property development group TSR Capital Bhd said it is open to selling its office tower in Mutiara Damansara, Petaling Jaya, known as Menara TSR, and would use the gains from the disposal for future property development projects.

Selangor Properties Bhd (June 28, RM4.

Gamuda Bhd (June 28, RM5.

KUALA LUMPUR (June 29): Ikhmas Jaya Group Bhd has bagged a RM36 million contract for works at the proposed Setia City Mall Phase 2 retail development in Selangor.

SINGAPORE (June 28): CapitaLand, through CapitaLand Mall Asia, is accelerating its shopping mall network expansion in China with three management contracts.

The construction of Phase 2 of the Mass Rapid Transit (MRT) project is 99% completed and will be operational by next month as scheduled, Bernama reported Prasarana Malaysia Bhd president and group chief executive officer Datuk Seri Azmi Abdul Aziz as saying today.

SINGAPORE (June 28): The Ascott Ltd, CapitaLand’s wholly-owned residence business unit, has secured seven new contracts to manage over 1,300 apartments across six cities in China.

S P Setia Bhd (June 23, RM3.

London will continue to attract Malaysian real estate investors and developers including prominent institutional investors such as the Employees Provident Fund (EPF), Lembaga Tabung Haji and Kumpulan Wang Persaraan (Diperbadankan) (KWAP), although these funds have slowed their buying activity slightly with some of them having even disposed of their real estate assets in the city such as EPF’s disposal of One Sheldon Square and 11-12 St James Square office buildings.