IKEA mulls third Klang Valley store

JOHOR BAHRU (March 29): Swedish furniture maker IKEA is eyeing a third store in the capital of Malaysia but there is no timeline as to when the development will be announced.

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Stakeholders must collaborate to reduce severe imbalances in the retail, office segments

PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.

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REITs’ unusual sell-off fever

KUALA LUMPUR (March 22): Half of the 18 locally listed real estate investment trusts (REITs) saw a drop in their share price yesterday, raising average dividend yields again by another 0.

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Abdul Azeez sues Guan Eng for defamation

KUALA LUMPUR (March 12): The Chief Minister of Penang Lim Guan Eng has been presented with a writ of summons for an apology by Datuk Seri Abdul Azeez Abdul Rahim (pictured) over the island state’s undersea tunnel project, The Malay Mail Online reported today.

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