Melbourne's The Fawkner to go residential

MELBOURNE (May 12): Standing at 18 storeys high, Fawkner Centre on the premier boulevard of 499 St Kilda Road in Melbourne, Victoria, will undergo a transformation from October to change its purpose from commercial to residential following the recent acquisition by real estate investment manager Qualitas.

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HLIB conservative on UEM Sunrise profits

PETALING JAYA: Research house Hong Leong Investment Bhd (HLIB) maintained its conservative forecast of UEM Sunrise Bhd's profit for the financial year 2015 (FY2015), according to a report in The Edge Financial Daily today.

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MRT Corp to engage landowners to cut private land buy cost for Line 2

PETALING JAYA (April 30): Minister of Finance Inc’s wholly-owned Mass Rapid Transport Corp Sdn Bhd (MRT Corp) aims to cut the cost of private land acquisitions for the RM23 billion Sungai Buloh-Serdang-Putrajaya MRT project (Line 2) through mutual agreements with landowners, according to a report in The Edge Financial Daily today.

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