AmFIRST REIT's 4Q NPI rises 15%, pays 2.13 sen DPU
KUALA LUMPUR (April 19): AmFIRST Real Estate Investment Trust (REIT) saw its net property income (NPI) grow by 15.
Yong Tai yet to start formal talks on garment unit disposal
KUALA LUMPUR (April 19): Property developer Yong Tai Bhd said yesterday it is considering disposing of its ailing textile and garment business in the near future.
CapitaLand Commercial Trust’s 1Q2017 DPU rises 9.6% to 2.4 S'pore cents
SINGAPORE (April 19): The manager of CapitaLand Commercial Trust (CCT) has declared an estimated distribution per unit (DPU) of 2.
Profit of S$1.9 mil at Pandan Valley
ON March 23, a 5,231 sq ft unit at Pandan Valley was sold at a S$1.
S P Setia awarded tender for Toh Tuck Road site, set to launch in 2018
PETALING JAYA (April 18): S P Setia Bhd, via its subsidiary S P Setia International (S) Pte Ltd, has been awarded the tender for Singapore’s Toh Tuck Road site by Singapore’s Urban Redevelopment Authority (URA), marking the developer’s third project on the island.
Occupancy rate for KL offices down to 77.9% as at end-2016
PETALING JAYA (April 18): The average occupancy rate for offices in Kuala Lumpur declined to 77.
AmanahRaya REIT aims to buy 'trophy assets', eyes KL office tower
KUALA LUMPUR (April 18): AmanahRaya Real Estate Investment Trust (AmanahRaya REIT) aims to acquire “trophy assets” in the immediate term, despite the softening property market, said Amanah Raya Bhd’s (ARB) group managing director Adenan Md Yusof.
Better property development contribution lifts I-Bhd's 1Q earnings
KUALA LUMPUR (April 18): I-Bhd posted a 21% rise in net profit for the first quarter ended March 31, 2017 (1QFY17) to RM18.
Landmarks to raise up to RM36.93m via private placement
KUALA LUMPUR (April 18): Landmarks Bhd is proposing a private placement to raise as much as RM36.
Ratio of housing loan applications to approvals rose in 2016
PETALING JAYA (April 18): The number of loan applications for residential property purchases totalled 168,154.
