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.
HLIB foresees continuous, steady recovery for Malaysian REITs
KUALA LUMPUR (April 13): Hong Leong Investment Bank (HLIB) Research has maintained its "neutral" rating of Malaysian real estate investment trusts (REITs) following relaxation of the movement control order (MCO).
Axis REIT acquires Bukit Raja industrial property with warehousing potential for RM120m
KUALA LUMPUR (March 5): Axis Real Estate Investment Trust (REIT) has acquired a freehold land measuring 20.
Advancecon’s 30%-owned associate bags RM153.5m earthworks project in Bintulu, Sarawak
KUALA LUMPUR (March 1): Earthworks and civil engineering services specialist Advancecon Holdings Bhd said its 30%-owned Advancecon Sarawak Sdn Bhd had bagged its single-largest contract worth RM153.
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Sime Darby Property to focus on industrial and landed residential segments this year
KUALA LUMPUR (Feb 26): Anticipating improved market sentiment, Sime Darby Property Bhd (SDP) is eyeing to unveil more industrial properties and quality landed homes that suit current market demand.
