AmFirst REIT CEO to step down on July 27
KUALA LUMPUR (April 26): AmFirst Real Estate Investment Trust (AmFirst REIT) chief executive officer (CEO) Wong Khim Chon will be stepping down from his post on July 27.
LB Aluminium to buy Subang Jaya industrial property for RM25m
KUALA LUMPUR (Apr 25): LB Aluminium Bhd is acquiring a piece of industrial land together with an industrial complex in Sungai Penaga Industrial Park, Subang Jaya, Selangor for RM25 million cash.
WeWork expands into Indonesia with two upcoming locations
SINGAPORE (April 25): New York-based co-working operator WeWork announced on April 24 that it will be entering the Indonesian market with the opening of two co-working offices by 3Q2018.
UEM Sunrise to hand over new Mont’Kiara condominium project by June 2019
KUALA LUMPUR (April 25): Property developer UEM Sunrise Bhd expects to hand over the keys to buyers of its Residensi Sefina Mont’Kiara condominium development in Mont’Kiara here, which has a gross development value of RM307 million, by June next year.
HDB flat buyers would pay 3% more for a greener neighbourhood
SINGAPORE (April 25): The presence of green spaces can bring up the value of a public housing apartment, and on average, people would pay 3% more to live in a greener neighbourhood.
DAP MP wants answers on KL land sale
KUALA LUMPUR (April 25): DAP’s Lim Lip Eng (pictured) has claimed that of the 64 lots of land which Kuala Lumpur City Hall (DBKL) sold between 2014 and 2018, only 30 have been used for affordable housing, the Malaysiakini news portal reported today.
CMMT posts lower 1Q NPI on lower contribution from Klang Valley malls
KUALA LUMPUR (April 25): Capitaland Malaysia Mall Trust's (CMMT) net property income (NPI) fell 4.
IGB REIT not expected to make any acquisitions in the near term
IGB Real Estate Investment Trust (April 24, RM1.
Axis REIT still has room for more acquisitions
Axis Real Estate Investment Trust (April 24, RM1.
Sarawak Consolidated calls off deal to buy IBS factory owner
KUALA LUMPUR (April 25): Sarawak Consolidated Industries Bhd has terminated its share sale agreement (SSA) to acquire an industrialised building system (IBS) factory owner and operator Carlton Gardens Sdn Bhd for RM9.
