AME REIT to acquire three industrial properties from AME Elite for RM100.8m
AME Elite plans to allocate the majority of the proceeds towards further development of i-TechValley, as well as other industrial property projects and investments.
Elevated office vacancy rates persist as supply outpaces demand, BNM says
“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.
Malaysia's February inflation slows as housing, utilities costs moderate, official data show
A group covering housing, water, electricity, gas, and other fuels moderated to 2.
Lim Seong Hai Capital opens 17% lower on ACE Market debut
Apart from construction, the company also supplies building materials, lighting and related mechanical and electrical products, hardware products and tools, rental of construction machinery, and equipment.
KPKT and JMB/MC to jointly oversee tender process in urban renewal projects — Nga Kor Ming
Inferring the controversies surrounding the proposed Urban Renewal Act, the KPKT Minister refers to the forthcoming major legislative reform as Akta Pemulihan Strata dan Bandar (Akta PSB) and said: “Akta PSB stipulates that all existing owners will not get anything less favourable than the original”.
Developers optimistic property sales will pick up, cautious about rising costs, industry survey shows
Optimism was at its highest in five years, according to results of a survey by the Real Estate and Housing Developers’ Association (Rehda).
Eco World International achieves RM58m sales in first four months of FY2025, new launches on hold
On its outlook, EWI noted that while London faces a housing undersupply, high interest rates are slowing sales and pressuring prices.
Lim Seong Hai Capital's 1Q net profit up 19%
LSH Capital declared an interim single-tier dividend of 0.
NCT Alliance buys 51% stake in Sabah property developer for RM22m in cash, land swap deal
Back in September, both NCT Alliance and Setara Juara signed a memorandum of understanding for the deal.
Elizabeth Tan steps down as CEO of IGB REITs, father Robert Tan redesignated as executive chairman
Both REITs also announced that Antony Patrick Barragry, the former CEO of IGB REIT Management Sdn Bhd, the manager of the two REITs, is coming out of retirement to assume the role of acting CEO of IGB REIT Management, effective from Wednesday.
