News about la

KUALA LUMPUR (April 26): AmFirst Real Estate Investment Trust (AmFirst REIT) chief executive officer (CEO) Wong Khim Chon will be stepping down from his post on July 27.

KUALA LUMPUR (Apr 25): LB Aluminium Bhd is acquiring a piece of industrial land together with an industrial complex in Sungai Penaga Industrial Park, Subang Jaya, Selangor for RM25 million cash.

KUALA LUMPUR (April 25): Property developer UEM Sunrise Bhd expects to hand over the keys to buyers of its Residensi Sefina Mont’Kiara condominium development in Mont’Kiara here, which has a gross development value of RM307 million, by June next year.

KUALA LUMPUR (April 25): DAP’s Lim Lip Eng (pictured) has claimed that of the 64 lots of land which Kuala Lumpur City Hall (DBKL) sold between 2014 and 2018, only 30 have been used for affordable housing, the Malaysiakini news portal reported today.

KUALA LUMPUR (April 25): Capitaland Malaysia Mall Trust's (CMMT) net property income (NPI) fell 4.

Axis Real Estate Investment Trust (April 24, RM1.

KUALA LUMPUR (April 24): The liberalisation in the permissible list of activities provides alternative growth opportunities to Malaysian Real Estate Investment Trusts (M-REITs) in the areas of acquiring vacant land to undertake property development activities, acquisition of assets with provision of income support and investments through private leases, said the Malaysian REIT Managers Association (MRMA).

KUALA LUMPUR (April 23): Axis Real Estate Investment Trust (Axis REIT) is adding a freehold industrial property in Shah Alam, Selangor, which it is acquiring for RM87 million, to its portfolio.

KUALA LUMPUR (April 24): IGB Real Estate Investment Trust’s net property income (NPI) rose 6.

KUALA LUMPUR (April 23): GuocoLand (Malaysia) Bhd reported an almost six-fold increase in its net profit to RM55.