Industrial property overhang dipping
The Covid-19 pandemic has given a push to the growth of e-commerce, with more and more conventional retailers shifting their presence online.
The Covid-19 pandemic has given a push to the growth of e-commerce, with more and more conventional retailers shifting their presence online.
Driven by robust growth of e-commerce activities and electrical and electronic expansions, the industrial property market has seen active transactions for the past two years.
Two years ago, the older generations used to scorn the physically-detached virtual world, but the pandemic has changed that.
KUALA LUMPUR (Oct 7): Dynaciate Group Bhd is acquiring an 8-acre piece of industrial land in Serendah, Selangor, from Brem Holdings Bhd for RM10.
PETALING JAYA (Oct 5): Beyond the cost factor, Malaysia remains a preferred destination for industrial investment in the Asia region, for our well-developed infrastructure, land resources and a large talent pool.
KUALA LUMPUR (Sept 29): Gamuda Bhd posted a net profit of RM214.
PETALING JAYA (Sept 29): Sime Darby Property (SD Property) and Asia Pacific logistics specialist LOGOS Property Group Ltd have formed a joint venture company to establish a fund management platform to invest and develop “built-to-suit to lease or sell” industrial and logistic assets in Malaysia.
The Malaysian property market has recorded a significant increase in the first half of this year (1H2021) as compared to 1H2020, according to the latest report by the National Property Information Centre (Napic).
KUALA LUMPUR (Aug 13): Integrated logistics service provider Tri-Mode System (M) Bhd is acquiring a parcel of land measuring 234,432 sq ft for RM15.
KUALA LUMPUR (Aug 3): Freight Management Holdings Bhd is buying two pieces of vacant industrial land in Klang for RM56.