Rights issue ‘dilutive to yield and NAV’ for Ascott REIT: Religare
SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise S$442.
SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise S$442.
SINGAPORE (March 7): Ascott Residence Trust has launched a fully underwritten renounceable rights issue to raise S$442.
ALTHOUGH the overall transaction volume has fallen, Penang’s housing market looks more resilient than other major markets such as Kuala Lumpur, Selangor and Johor, based on transaction volume, said TheEdgeProperty.
SETIA ALAM (March 4): Banks are not expected to loosen their lending policy in the next three years although the country's loan approval rate in 2016 was at a historical low, said Smart Financing CEO Gary Chua.
SETIA ALAM (March 4): Stratified property is a good option for investment but investors should do their homework and be a responsible owner if they want to ensure investment returns, said Exastrata Solutions Sdn Bhd chief real estate consultant Adzman Shah Mohd Ariffin.
SETIA ALAM (March 4): Property agents should not worry too much about being ousted by property portals and should work with them instead to leverage these portals’ traffic, said Celcom Planet Sdn Bhd (11street.
SHAH ALAM (March 3): Technology will elevate the real estate agent’s profession by helping them to market their products, said founder of William Yap Training Coaching and Services, William Yap.
SHAH ALAM (March 3): Real estate agents should constantly improve their industry knowledge and marketing skills so they are able to overcome market challenges, says property developer and managing director of Impetus Alliance Advisors Sdn Bhd Datuk Seri Michael Yam.
KUALA LUMPUR (March 1): Matrix Concepts Holdings Berhad (Matrix) has inked a Memorandum of Understanding (MOU) with Changhua Christian Hospital, Republic of China (Taiwan) (CCH) for the proposed establishment of a medical and specialist healthcare service provider in Bandar Sri Sendayan, Negeri Sembilan, to be known as Matrix Global Specialist Center (MGSC).
KUALA LUMPUR (Feb 28): Mitrajaya Holdings Bhd, which announced a 77% jump in its final quarter of financial year 2016's earnings, has partnered up with private developer Gema Padu Sdn Bhd to jointly develop three plots of land that the pair is buying from the latter's subsidiaries.