Manulife US REIT expected to continue to ride on strong U.S. office market
SINGAPORE (May 4): Following its better-than-forecasted 1Q results, Manulife US REIT (MUST) is expected to remain solid, according to RHB Research.
ECRL expected to help create RM50 bil of GDP impact, says project owner
KUALA LUMPUR (May 4): The RM55 billion East Coast Rail Link (ECRL) is expected to help create RM50.
MRCB-Quill REIT 1Q NPI up 39.9% on higher revenue
KUALA LUMPUR (May 4): MRCB-Quill Real Estate Investment Trust (MQREIT) posted a 39.
Island in the Maldives up for sale
PETALING JAYA (May 5): The Bank of Maldives has put Mahadhdhoo Island in Gaafu Alifu Atoll, Maldives up for sale.
Lim's Ekovest shares tumbles after Bandar Malaysia deal aborted
KUALA LUMPUR (May 4): Ekovest Bhd, a construction firm which has a common major shareholder with Iskandar Waterfront Holdings Sdn Bhd (IWH), saw its share price opened 42 sen or 29.
SHL partners Japan's Marubeni to develop RM327mil condo project
KUALA LUMPUR (May 3): SHL Consolidated Bhd is partnering Japanese general trading firm Marubeni Corp to develop a condominium project with an estimated gross development value of RM327 million in Bandar Sungai Long, Selangor.
Exposure to improving US office market makes this a winning REIT
SINGAPORE (May 3): DBS is maintaining its “buy” call on Manulife US REIT (MUST) with a higher target price of US$1.
Johor-Singapore Rapid Transit System by 2022
JOHOR BAHRU (MAY 2): The Iskandar Regional Development Authority (IRDA) is in the final stages of discussions on the Johor-Singapore Rapid Transit System (RTS).
Manulife US REIT 1Q DPU beats projections by 8.6% at 1.65 US cents
SINGAPORE (May 2): The manager of Manulife US REIT has announced a distribution per unit (DPU) of 1.
