Manulife US REIT declares FY16 DPU of 3.55 US cents, beating forecast by 4.8%
SINGAPORE (Feb 13): The manager of Manulife US REIT reported a distribution per unit (DPU) of 3.
PJ, Kota Damansara and Setia Alam — most searched areas in 2016
The most searched keywords by area on TheEdgeProperty.
ARA Asset Management's 4Q earnings falls 28% to S$18.5 mil
SINGAPORE (Feb 10): REIT management company ARA Asset Management posted 28% lower earnings of S$18.
DONE DEAL: Desa Green serviced apartment @ Taman Desa, Kuala Lumpur
Sold for: RM435,000 (RM753 psf) Concluded by: Derrick Hum (REN 10765) of Property Exchange (012-723 0309) When: October 2016 Noteworthy: ● Freehold ● 578 sq ft ● One bedroom and one bathroom ● High floor ● Facilities: Children’s playground, wading pool, gymnasium, leisure pool, lap pool, multipurpose hall, open terrace and sauna Situated on a three-acre freehold site, Desa Green is a high-density serviced apartment developed by UOA Development Bhd.
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BDB targets new launches worth RM1.25 bil in Kedah, Perak for 2017
PETALING JAYA (Feb 8): Kedah-based property developer Bina Darulaman Bhd (BDB) will be launching new projects worth up to RM1.
A brief respite
A POLICY change that came into effect on the first day of this year required employers to pay the foreign worker levy.
80 million Ekovest shares up for sale?
RIDING on a tide of good news over the past one year, Ekovest Bhd’s market capitalisation has surged over 140% to RM2.
Batu Kawan an undervalued gem, says AmInvestment Bank Research
KUALA LUMPUR (Feb 3): AmInvestment Bank Research, which issued an unrated report on Batu Kawan Bhd, sees the stock as an undervalued gem.
IHH Healthcare unit to buy freehold land, private hospital in Manjung
IHH Healthcare Bhd (Jan 31, RM6.
