TA Global commences arbitration proceedings

KUALA LUMPUR (June 2): TA Global Bhd’s (TAG) wholly-owned unit Crystal Caliber Sdn Bhd (CCSB) has commenced arbitration proceedings against Saudi royalty-owned Kingdom Hotel Investments (KHI), following a dispute between the parties relating to the breach of the sale and purchase agreement (SPA) dated April 25, 2012, concerning a resort property in Thailand.

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LaSalle acquires retail site in Marsden Park

SYDNEY (May 26): LaSalle Investment Management (LaSalle), on behalf of LaSalle Australia Club Investments Trust (LACIT), announced that LACIT has acquired a site on which a large format retail will be constructed with the newly created Sydney Business Park, according to a statement by LaSalle today.

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