Knight Frank: Asia-Pacific prime office set to grow 7% in 2025
In the report, the international real estate consultancy firm also highlighted that the Asia-Pacific office market saw a 1.
In the report, the international real estate consultancy firm also highlighted that the Asia-Pacific office market saw a 1.
Malaysia offers a more competitive environment compared to Singapore while still providing easy access to Singapore's financial and professional resources.
The latest win marks Vestland's third contract year-to-date, with contract value totalling about RM544.
In a filing with Bursa Malaysia on Thursday, Feytech revealed that it had submitted an expression of interest on the tender for the piece of land in the Klang Valley but was unsuccessful.
“The family office sector is projected to grow by 75% globally by 2030.
Quah said one of the most critical elements of building modernisation efforts includes using an advanced building management system (BMS).
The property, situated on freehold land measuring 23,479.
According to the JLL’s study, newly-completed ESG-compliant office buildings in Greater KL command higher occupancy rates at 80% to 90%, with average achievable rents exceeding non-green buildings.
Newly launched Grade A projects in Kuala Lumpur recorded significant take-up from major international tenants, as occupiers gravitated to high-quality spaces with green accreditation, the report said.
Vestland intends to fund the proposed office acquisition via internally generated funds, while the proposed warehouse acquisition will be funded through a mix of internally generated funds and bank borrowings.