DFI said the land was acquired by Malaysia's Home Affairs Ministry and is administered by the Department of Director General of Lands and Mines, Kedah.
Upon completion, Edelweiss will receive a GreenRE Silver rating certification, adding another green building within the Tropicana Gardens development.
The REIT sector is expected to deliver core earnings growth of 8.
The acquisition is expected to boost Sunway’s gross development value (GDV) to RM58 billion with the planned RM3.
Designed by world-renowned architects, the Melbourne CBD's newest super tower is poised to redefine urban living in the city.
Reinvigoration of development projects in the data centre and Johor regions still has room to play out, despite the sequential slowdown in data centre contracts in the second quarter of 2024 (2Q2024), the research house said in a note on Thursday.
With a GDV of RM80 million, Phase 1 of Batiq's 82 linked homes will have built-ups ranging from 2,113 to 2,183 sq ft and a land area of 28 ft by 60 ft.
This latest win marks Econpile’s fifth contract secured since the beginning of the year.
DONE DEAL: Semidee house, Section 13, Shah Alam, Selangor DONE DEAL: Condo unit, Verde Ara Damansara, Ara Damansara, Selangor In terms of tenant demographics, Bukit Ceylon, Kuala Lumpur, comprises a majority of commercial tenants at approximately 30%, followed by expatriates at 24%.
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