Sunway REIT sees 6.8% NPI rise in 1Q on resilient retail, plans 2.27 sen DPU
KUALA LUMPUR (Oct 27): Sunway Real Estate Investment Trust (Sunway REIT) achieved a 6.
Pavilion REIT's 3Q NPI rises 11%, helped by rental income from 2 new malls
KUALA LUMPUR (Oct 27): Pavilion Real Estate Investment Trust (Pavilion REIT) saw a 11% rise in net property income (NPI) to RM80.
S P Setia sponsors inaugural Cycle for Sight
PETALING JAYA (Oct 27): The Lions Club of KL North is organising its inaugural Cycle for Sight 2016, sponsored by S P Setia Bhd, to raise funds for the less fortunate as well as to set up its own Sight Fund.
Strong performance for Eco World International projects despite Brexit concerns
KUALA LUMPUR (Oct 27): Eco World International Bhd’s (EWI) projects in UK have performed well despite concerns over the impact of Brexit on residential property demand in London, said its president and chief executive officer Datuk Teow Leong Seng.
Property development in 100 years’ time
IN the 19th century, French artist Jean-Marc Côté and other artists produced a series of futuristic artworks called “En L’An 2000” or “In The Year 2000” that depicted scientific advances imagined as achieved by the year 2000.
IGB, Southkey to raise financing up to RM1 bil in nominal value via MTN
KUALA LUMPUR (Oct 27): IGB Corp Bhd and Southkey City Sdn Bhd announced today that they will be raising financing up to RM1 billion in nominal value via a medium term note programme (MTN Programme) through its joint-venture company, Southkey Megamall Sdn Bhd (Southkey Megamall).
EcoWorld and GuocoLand join forces for Eco World International’s IPO
KUALA LUMPUR (Oct 27): Eco World Development Group Bhd (EW Bhd) has entered into a strategic partnership with GuocoLand Ltd, a member of Hong Leong Group, for Eco World International Bhd’s (EWI) upcoming initial public offering (IPO) on Bursa Malaysia Securities Bhd.
CapitaLand Retail China properties still in gestation phase
SINGAPORE (Oct 27): DBS is maintaining its “hold” call on CapitaLand Retail China Trust (CRCT) with a target price of S$1.
MBAM: IBS can help reduce construction cost
KUALA LUMPUR (Oct 24): Malaysian builders should adopt the use of Industrialised Building System (IBS), especially the modular method, as this could speed up the building process while reducing labour and waste, said Master Builders Association Malaysia (MBAM) president Foo Chek Lee.