News about ng

SINGAPORE (Feb 8): Oxley Holdings says it is working to reduce its gearing and pursue an asset light business strategy as it continues to expand its operations overseas.

KUALA LUMPUR (Feb 8): Central London’s office take-up rate for the final quarter of 2016 has totalled 3.

PETALING JAYA (Feb 8): Kedah-based property developer Bina Darulaman Bhd (BDB) will be launching new projects worth up to RM1.

SINGAPORE (Feb 7): Yanlord Land Group has acquired an additional interest of 19.

DUE to the overall weak ringgit and uncertain economic landscape, the property market in Malaysia will continue to be very challenging, says Foo Gee Jen, managing director of property consultancy CBRE|WTW.

KUALA LUMPUR (Feb 7): A company owned by Vitrox Holdings Bhd and Pentamaster Corp Bhd is acquiring a piece of 5.

KUALA LUMPUR (Feb 7): PLB Engineering Bhd is disposing of a piece of freehold agriculture land in Kulim, Kedah, to Tiong Nam Logistics Solutions Sdn Bhd for RM9.

KUALA LUMPUR (Feb 7): UEM Sunrise Bhd is targeting for at least half of its Southern Industrial & Logistics Clusters (SILC)  Phase 3 — a fully integrated industrial park in Iskandar Puteri, Johor to be taken up by year end.

SINGAPORE (Feb 7): Leasing your apartment or room out on a short-term basis through homestay networking services such as Airbnb may very soon be ruled as illegal under Singapore law.

KUALA LUMPUR (Feb 7): KIP Real Estate Investment Trust (KIP REIT) will be looking for acquisition opportunities in Malaysia to expand its KiP brand of hybrid community-centric retail centres nationwide.