MRCB-Quill REIT to face challenges from new office space entering market
MRCB-Quill REIT (Oct 23, RM1.
Landlords rule as mainland Chinese firms continue setting up in Central Hong Kong
HONG KONG (Oct 20): Grade-A office rents in Central Hong Kong are expected to increase 10% this year and another 5% in 2016, due to sustained demand and low vacancy rates as recorded by Knight Frank in its Hong Kong Monthly Property Market Report for September 2015.
Office market remains firm in 2Q2015
THE office markets in Kuala Lumpur and Beyond Kuala Lumpur (Selangor) remained firm in 2Q despite completions with a total NLA of 1.
Hong Kong office market recovery sees return of en bloc sales
HONG KONG (Sept 1): The recovery of Hong Kong office market has renewed investor interest in en bloc properties, according to JLL Asia Pacific Office Investment Highlights Mid-Year Review 2015.
Mumbai expected to be short of office space from 2018
India's financial capital Mumbai, will add between 12 million to 15 million sq ft of office space, an increase of about 16%, to its current Grade A office stock of 96 million sq ft in the next two years, according to JLL India research.
Axis-REIT, Haisan enter into RM46 mil sale and leaseback agreement for Port Klang property
KUALA LUMPUR (June 22): Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis-REIT), is acquiring an industrial facility in Port Klang, Selangor from Haisan Resources Bhd for RM46 million cash on an acquisition and leaseback arrangement.
Guocoland to start on final component of Damansara City
KUALA LUMPUR (June 10): GuocoLand (Malaysia) Bhd held a “topping out” ceremony for its RM2.
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KL’s office market sees capital values rise, more malls coming
PETALING JAYA (May 20): Capital values in Kuala Lumpur’s office market increased some 6% despite weaker rental rates that put yields under pressure, said analyst firm DTZ Research.
Pavilion REIT holding firm
KUALA LUMPUR (April 27): Hong Leong Investment Bank Research has reported that occupancy rates for mall and office property (pictured) under the Pavilion Real Estate Investment Trust (REIT) are largely intact in the current quarter.
Naim Indah to develop GDV US$120 mil 32-floor office tower in Yangon
KUALA LUMPUR (April 17): Naim Indah Corporation Bhd is in talks to develop a 32-floor office tower with a gross development value of US$120 million in Yangon, Myanmar, via a joint venture.
