Gamuda posts better y-o-y and q-o-q net profit in 4QFY21, lifted by stronger construction and property earnings
KUALA LUMPUR (Sept 29): Gamuda Bhd posted a net profit of RM214.
Sime Darby Property and LOGOS SE Asia establish fund management platform to develop industrial and logistics assets
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.
Property market showing signs of recovery in 1H2021
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).
Tri-Mode to increase warehouse capacity in Pulau Indah
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.
Freight Management buys Klang land for RM57m for warehousing and distributions service expansion
KUALA LUMPUR (Aug 3): Freight Management Holdings Bhd is buying two pieces of vacant industrial land in Klang for RM56.
KIP REIT 4Q net property income rises 13.94%, distributes 2.1 sen per unit
KUALA LUMPUR (July 29): KIP Real Estate Investment Trust (KIP REIT)’s net property income for the fourth quarter ended June 30, 2021 rose 13.
Knight Frank: Rosy outlook on industrial property sector, supported by robust e-commerce activities
PETALING JAYA (July 22): The industrial property market remained attractive, thanks to the booming e-commerce activities amid the pandemic, said property consultancy firm Knight Frank Malaysia.
Court orders Tan Chong to return repossessed buses to Konsortium Transnasional, pay over RM23m
KUALA LUMPUR (July 20): Konsortium Transnational Bhd and six other companies linked to the group have succeeded in their lawsuit to get Tan Chong Motor Holdings Bhd to return all buses repossessed from them and to repay a sum of RM22.
Savills broadens its Southeast Asia supply chain and logistics platform through strategic acquisition in Malaysia
PETALING JAYA (July 19) Savills has acquired a strategic interest in the Malaysian supply chain consulting business LCA.
GDEX to look into creating industrial REIT as part of next growth phase
KUALA LUMPUR (April 26): GDEX Bhd aims to be a pure-play last-mile delivery company with regional presence.
