Atrium REIT 4Q17 net property income up 13.6%, pays 1.85 sen DPU
KUALA LUMPUR (Feb 8): Atrium Real Estate Investment Trust (REIT) closed its fourth quarter ended Dec 31, 2017 (4QFY17) with a net property income of RM4.
UDA plans to develop 1.62 mil hectares of Malay reserve land
KUALA LUMPUR (Feb 8): UDA Holdings Bhd has plans to develop about 1.
Sunway Property to launch RM2b worth of residential properties in 2018
KUALA LUMPUR (Feb 8): Sunway Bhd’s property arm, Sunway Property, plans to launch RM2 billion worth of residential properties across eight locations this year.
JLL: KL CBD office gross rents to stabilise in 2018
PETALING JAYA (Feb 7): JLL Property Services (Malaysia) Sdn Bhd expects gross rents of Kuala Lumpur’s CBD offices to stabilise by the end of this year as more major new buildings come onstream, despite higher projected vacancies.
Sunway REIT capex seen at RM60m to RM100m
Maintain outperform with a higher target price (TP) of RM1.
Bringing its heritage to the fore
“Wait, are you sure this flat white is only RM6?” we ask.
Malaysia needs to incentivise material imports to encourage affordable housing
KUALA LUMPUR (Feb 7): Malaysia has to incentivise material imports even more in order to enhance its affordable housing efforts even though it is ahead of other countries, Bernama reported Australia’s Compass Housing Services as saying today.
Benalec declines Spring Gallery's RM186.63m offer for 12 plots of Melaka land
KUALA LUMPUR (7 Feb): Benalec Holdings Bhd has declined to sell 12 plots of land owned by its wholly-owned units in Pekan Klebang, Melaka Tengah, Melaka, to engineering solutions provider Spring Gallery Bhd for about RM186.
Hotel income boosts Sunway REIT 2Q earnings
KUALA LUMPUR (Feb 7): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) grew 10% year-on-year (y-o-y) to RM103.
