News about l

KUALA LUMPUR (Sept 11): Hektar Real Estate Investment Trust (Hektar REIT) announced it will pay the second interim income distribution together with an advance income distribution for July and August, totalling 4 sen per unit on Sept 21, a day earlier than the scheduled Sept 22.

KUALA LUMPUR (Sept 11): Sime Darby Bhd has announced the board of directors line-up for its pure plays, Sime Darby Plantation Bhd and Sime Darby Property Bhd, which will comprise 11 directors to each board upon the listing of the units.

KUALA LUMPUR (Sept 11):  The Federal Territories Ministry is studying the feasibility of having automated multi-storey car parks at People's Housing Projects (PPR) here to solve the problem of parking spaces.

KUALA LUMPUR (Sept 11): A banking industry group has come out to "strongly refute" the claim by a property expert that banks are responsible for the oversupply of retail and office space in the Klang Valley.

Eversendai Corp Bhd (Sept 8, RM1.

KUALA LUMPUR (Sept 11): Turnover rent structure has helped Hektar Real Estate Investment Trust (Hektar REIT) to manage rental pressures amid a weak retail environment coupled with the overbuilding of malls in the Klang Valley.

KUALA LUMPUR (Sept 11): While much has been said about the advantages of using the Industrialised Building System (IBS) method for construction, adoption is still slow due to the various hurdles faced by stakeholders in applying the technology.

PETALING JAYA (Sept 11): CK East Group plans to launch a low-rise residential development in Kampung Kayu Ara, Petaling Jaya, sometime during mid-2018.

SEMENYIH (Sept 11): Cementing its foothold in the growing Semenyih corridor, south of the Klang Valley, Eco World Development Group Bhd (EcoWorld) will be having the first property launch at its latest township development Eco Forest by end-2017.

The Asia-Pacific region has been impacted by China’s capital outflow control with China’s outbound investment in Asia Pacific in the first half of this year (1H2017) having slumped 59% y-o-y, according to CBRE Research’s Asia Pacific Marketview 2Q2017 report.