Rental revival in the British capital

KUALA LUMPUR (April 17): Since 2005, the number of households renting from private landlords in London has increased by 75% from 467,000 to 819,000, according to CBRE’s Residential London report.

READ MORE

UPDATE Hektar REIT looks at organic growth in FY15

KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT), the country’s first retail-focused REIT, will rely on organic revenue growth via its asset enhancement initiative (AEI) for its financial year ending December (FY15).

READ MORE

MBSB: Possible merger within this or next year

KUALA LUMPUR (April 16): While keeping mum on speculation about a merger between Malaysia Building Society Bhd (MBSB) and Bank Islam Malaysia Bhd, MBSB president and chief executive officer Datuk Ahmad Zaini Othman said a merger with an Islamic financial institution is still on the cards, possibly within this or next year.

READ MORE

Mah Sing bags Frost & Sullivan award

KUALA LUMPUR (April 15): Property developer Mah Sing Group was honoured with the 2015 Frost & Sullivan Excellence in Growth Building Construction Industry Award at the 2015 Malaysia Excellence Awards banquet held at Mandarin Oriental yesterday.

READ MORE