ECRL not world’s costliest rail project
KUALA LUMPUR (Nov 9): The government yesterday denied claims that the RM55 billion East Coast Rail Link (ECRL) project could be the world’s costliest rail project.
Quill 6 close to being sold, will not be injected into MQREIT
QUILL 6, a 24-storey office building on Lebuh Ampang, Kuala Lumpur — where HSBC Bank Malaysia Bhd has its headquarters — will not be injected into MRCB-Quill Real Estate Investment Trust (MQREIT) as its owner, the Quill Group of Companies, is seeking buyers for the property, according to sources.
SDB to launch SqWhere serviced apartments
THE serviced apartment component of SqWhere — Selangor Dredging Bhd’s (SDB) mixed-use development in Sungai Buloh with a gross development value of RM640 million — will be officially launched early next year.
Ivory Properties to jointly develop sewage treatment plants, KL land with Grand Uptown
KUALA LUMPUR (Nov 8): Penang-based Ivory Properties Group Bhd will jointly undertake the construction of sewage treatment plants on government and private land with Grand Uptown Sdn Bhd at a cost of RM49.
China dominates property portfolio deals in 3Q
SINGAPORE (Nov 8): Commercial real estate transaction volumes in Asia Pacific fell by 1.
Manulife US REIT is the best proxy to a recovering office market
SINGAPORE (Nov 8): Religare Institutional Research has started Manulife US Real Estate Investment Trust with a “buy” recommendation and target price of 95 US cents, given its exposure to the US office market which continues to recover from the global financial crisis.
Andrew Lim to be new group CFO of CapitaLand from Jan 1
SINGAPORE (Nov 8): CapitaLand Ltd has announced the appointment of Andrew Lim as its new group chief financial officer (CFO) with effect from Jan 1, 2017.
Titijaya teams up with CREC for RM2.1b Jalan Ampang mixed development
KUALA LUMPUR (Nov 8): Property developer Titijaya Land Bhd has teamed up with CREC Development (M) Sdn Bhd (CRECD) to develop a mixed development on a 6.
