News about myedgeprop

Looking forward, the REIT said the primary challenge for Malaysia’s retail sector is still the escalating cost of living affecting consumers across income brackets.

“We are excited by the potential of our existing assets and the vast opportunities to acquire high quality accretive assets with strong recurring rental income to expand our portfolio,” said KIP REIT chief executive officer Valerie Ong Pui Shan.

Its property operating expenses stood at RM11.

It also saw net profit for the quarter increase 2.

Findings from EPIQ showed that Putra Heights is encased by areas of dedicated parkland and large clusters of green lungs which are tightly packed together, including the brand new 7.

Central to the issue is the liquidated ascertained damages (LAD) claimed by the homebuyers, purportedly for late delivery of the property, despite being granted the EOT by the government before the SPA was signed.

The latest contract is Ahmad Zaki's second win from the public works department in 2024.

In a note on Thursday, the research house said this negative variance was primarily due to higher-than-anticipated project operating costs and tax expenses.

In February this year, CLMT acquired three prime freehold ready-built factories in Nusajaya Tech Park in Iskandar Malaysia from Nusajaya Tech Park Sdn Bhd for a total RM27 million, marking the trust's entry into the industrial market, as it diversified its geographical footprint to Johor.

This is AME REIT’s second acquisition from AME Elite within 10 months.