Mapletree Commercial Trust’s 3Q DPU grows 9.7% to 2.28 cents
SINGAPORE (Jan 25): The manager of Mapletree Commercial Trust (MCT) has declared a distribution per unit (DPU) of 2.
IGB REIT's 4Q2016 NPI up 13%, to pay 4.3 sen DPU
KUALA LUMPUR (25 Jan): IGB Real Estate Investment Trust’s (IGB REIT) net property income in the fourth quarter ended Dec 31, 2016 (4QFY2016) rose 13% to RM91.
Hua Yang acquires 10.8% equity stake in Magna Prima
KUALA LUMPUR (Jan 25): Hua Yang Bhd announced it has acquired 36 million shares in Magna Prima Bhd, equivalent to a 10.
Gadang's 2Q net profit up 57.5% on higher construction, property contributions
KUALA LUMPUR (Jan 25): Gadang Holdings Bhd’s net profit rose 57.
MQ REIT’s 4Q NPI falls 4.5% as expenses, finance costs rise
KUALA LUMPUR (Jan 25): MRCB-QUILL REIT (MQ REIT)'s net property income (NPI) slid 4.
CBRE | WTW: Positive outlook for Penang’s industrial property sector
KUALA LUMPUR (Jan 25): Despite the global consolidation of operations and restructuring exercise by multinational companies (MNCs) in Penang, such as those involving Seagate Technology Inc, Western Digital Corp and Intel Corp, the industrial property sector in Penang has fared quite well over 2016.
JLL: Vietnam, the rising star of Southeast Asia’s property market
PETALING JAYA (Jan 25): Vietnam will stand out as a rising star in the Southeast Asia property market with strong demand growth in the office, residential and retail sectors as well as increasing foreign direct investment (FDI) to the country, according to international real estate services firm JLL.
Penang’s landed housing market stays firm, buyer’s market for non-landed homes
KUALA LUMPUR (Jan 25): With the preference for landed homes among homebuyers in Penang, the landed residential property segment in the state is expected to remain firm, according to CBRE|WTW Penang.
Rumawip Kampung Baru expected to be ready by next year
KUALA LUMPUR (Jan 25): The Federal Territories' Legasi Residensi Kampung Baru Affordable Homes under the Rumah Mampu Milik Wilayah Persekutuan (Rumawip) project here is expected to be ready by next year, according to a Bernama report yesterday.
Hektar REIT chairman Jaafar passes away
KUALA LUMPUR (Jan 25): Hektar Real Estate Investment Trust (REIT) announced yesterday to Bursa Malaysia that its non-executive chairman Datuk Jaafar Abdul Hamid (pictured) has passed away.
