Frasers Property Australia to develop over S$205 mil worth of new assets
SINGAPORE (July 25): Frasers Property Australia says it is developing over A$190 million (RM645 million) worth of new assets in terms of end-asset value in The Key Industrial Park and West Park Industrial Estate in Melbourne’s Keysborough district and Truganina city, respectively.
Johari: About eight firms interested to be Bandar Malaysia master developer
KUALA LUMPUR (July 25): Eight companies have registered interest to be the master developer of the RM12.
Government looking to establish single authority for affordable housing
KUALA LUMPUR (July 25): The government is looking to establish a single authority to regulate the housing industry especially for affordable housing in the country.
Axis REIT’s net property income increases 1.8% in 2Q, declares 2.17 sen DPU
KUALA LUMPUR (July 25): Axis Real Estate Investment Trust’s (Axis REIT) net property income grew marginal to RM36.
IWCity active, falls 2.06% as substantial shareholder trims stake
KUALA LUMPUR (July 25): Shares of Iskandar Waterfront City Bhd (IWCity) fell 2.
GLP board picks ANZ as independent financial adviser for offer
SINGAPORE (July 25): The board of Global Logistic Properties (GLP) has appointed Australia and New Zealand Banking Group (ANZ), Singapore branch, as the independent financial adviser to advise its independent directors in making a final recommendation to shareholders over the recent offer for the company.
IWCity substantial shareholder Creed Asia trims stake
KUALA LUMPUR (July 25): Iskandar Waterfront City Bhd’s (IWCity) substantial shareholder Creed Asia Development (M) Sdn Bhd has trimmed its stake to 5.
What is the way forward for Singapore’s retail scene?
ONLY a handful of about 200 attendees at the recent Real Estate Developers’ Association of Singapore (Redas) property market update seminar on July 7 spent at least S$200 (RM630) in a Singapore shopping mall in recent months, according to a straw poll conducted by Knight Frank Singapore’s Wendy Low, executive director of retail, and Alice Tan, head of consultancy and research.
