WCT Holdings proposes RM2.44 bil disposal of retail properties to a newly established REIT
This is going to be the second REIT to be controlled by billionaire tycoon Tan Sri Desmond Lim Siew Choon, after Pavilion REIT.
Glomac 1Q net profit up 79% on better property development, investment revenue
The planned launches during the year with a total estimated gross development value (GDV) of RM459 million include new phases of double-storey houses within Glomac’s established township developments.
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SCIB buys land in Bintulu to undertake housing project
In a bourse filing, the group said its wholly-owned unit SCIB Properties Sdn Bhd has entered into an agreement with a real properties investment company Ginteck Sdn Bhd to acquire the land for RM9.
Kimlun bags RM128m job to build residential development in JB
This latest contract win follows a RM234.
DONE DEAL: Terrace house, Ampang Hilir, Kuala Lumpur
DONE DEAL: Town house, Taman Bukit Serdang, Selangor DONE DEAL: Verticas Residensi, Bukit Bintang, Kuala Lumpur Ampang Hilir’s landed residential properties fall into three main built-up size ranges, a majority of properties falling into the 1,000 to 2,000 sq ft range.
EcoWorld International achieves RM549 mil sales and reserves in 10 months of FY2024
Embassy Gardens, which brought in RM224 million sales, was the biggest contributor, followed by Wardian (RM146 million), and Millbrook Park (RM55 million).
Widely expected US rate cut to boost large-cap banks, energy stocks, REITs — Kenanga
Rate cuts in the US have been mostly positive for the FBM KLCI with a median return of 8% over a 12-month period after a US rate cut, Kenanga said in a note.
DONE DEAL: City Gardens Condominium, Bukit Bintang, Kuala Lumpur
DONE DEAL: Town house, Taman Bukit Serdang, Selangor DONE DEAL: Verticas Residensi, Bukit Bintang, Kuala Lumpur Non-landed residential properties make up 3.
Sinmah Capital’s JV with KL Football Association falls through
Following the termination, Sinmah Capital said it shall receive a settlement sum of RM12.
Entire top floor of Battersea Power Station's 50 Electric Boulevard leased to global marketing agency Team Lewis
Relocating from Millbank Tower in Westminster, the agency's new global headquarters at 50 Electric Boulevard will come with views across the capital and its own private roof terrace of approximately 3,350 sq ft.
