PE Land’s Design Village on track for 2016 opening
PENANG (April 24): The Design Village premium outlet mall development in Batu Kawan, Penang is on schedule for a Christmas 2016 opening, said PE Land (Penang) Sdn Bhd.
Pavilion REIT 1QFY15 distributable income up 6.7% to RM62.34 mil
KUALA LUMPUR (April 23): Pavilion Real Estate Investment Trust (REIT) saw its first financial quarter ended March 31, 2015 (1QFY15) distributable income rise 6.
Matrix Concepts' Puchong project GDV likely to increase
KUALA LUMPUR (April 22): The projected gross development value (GDV) of a new residential development project in Puchong by Matrix Concepts Holdings Bhd could be increased up to RM754 million from RM500 million, according to Hong Leong Investment Bank Research, as reported in The Edge Financial Daily today.
No dividends for EcoWorld shareholders for the next two to three years
KUALA LUMPUR (April 23): Eco World Development Bhd will not propose any dividend for its shareholders for the next two to three years as it is still in a growth phase, its chief financial officer Datuk Heah Kok Boon said.
Komtar’s makeover will boost Only World revenue
KUALA LUMPUR (April 23): CIMB Research is confident that Komtar’s makeover will boost Only World Group Bhd (OWG) revenue.
IJM on track to develop Phase 2 of The Light project
An artist's impression of The Light Waterfront Phase 2 KUALA LUMPUR (April 23): Kenanga IB Research reported on April 22 that IJM Corp Bhd is in the midst of entering a new phase of growth as it is expanding most of its major earning drivers.
IWC to buy freehold Johor land for RM629 mil
KUALA LUMPUR (April 23): Iskandar Waterfront City Bhd (IWC) plans to acquire three adjourning parcels of freehold land in Johor Baru, which measures a collective 67.
AmProp looks set to acquire 62 apartment units in Tokyo
KUALA LUMPUR (April23): Amcorp Properties Bhd (AmProp) is on the verge of acquiring 62 apartment units in a mixed use building known as Court Annex Roppongi in Tokyo, Japan, for ¥2.
Promising outlook for property market in Negri Sembilan
KUALA LUMPUR (April 23): The property market in Negri Sembilan witnessed a surge in performance in 2014.
IOI Properties gets a slimmer structure
KUALA LUMPUR (April 22): BIMB Securities Research reported on April 21 that IOI Properties Group Bhd now has a leaner structure comprising three main segments -- property development, property investments, and leisure and hospitality.
