AmProp extends JV with Grosvenor Group in Spain to 9 years
KUALA LUMPUR (July 20): Amcorp Properties Bhd (AmProp) announced today that it has mutually extended validity of its 50:50 0real estate joint venture (JV) in Spain with Grosvenor Group Ltd to nine years, from five previously.
Offer premium for Global Logistic Properties in line with past privatisations: UOB
SINGAPORE (July 17): UOB KayHian is recommending take up Nesta Investment’s offer to privatise Global Logistic Properties as it is above the brokerage’s target price of S$2.
AmProp acquires two new properties in Spain
KUALA LUMPUR (July 14): Amcorp Properties Bhd (AmProp) and its joint venture (JV) partner Grosvenor Europe Investments Ltd have acquired two new properties in the Chamberi district of Madrid, Spain.
Ivory Properties enters strategic alliance to jointly re-develop KL land
KUALA LUMPUR (July 13): Ivory Properties Group Bhd is teaming up with Taman Segar Management Corp and Upper Label Sdn Bhd to form a strategic alliance to jointly re-develop a piece of land here.
Versatile Creative falls 2% on delay of due diligence exercise for apartments
KUALA LUMPUR (July 11): Versatile Creative Bhd fell 2% at mid-morning today, after it announced it has delayed due diligence exercise for the development of medium-cost apartments in Johor, which has a gross development value of RM110 million.
Ex-Penang Land and Mines Office director appointed ED in Ivory Properties
KUALA LUMPUR (July 3): Former director of the Penang Land and Mines Office Datuk Arifin Haji Awang has been appointed as an executive director (ED) in Penang-based property developer Ivory Properties Group Bhd.
Pickup in property development activities seen at Selangor Properties
Selangor Properties Bhd (June 28, RM4.
KKR, Blackstone, RRJ and TPG dropping out of race for S'pore's GLP, says FT
SINGAPORE (June 23): Almost all the potential bidders for Global Logistic Properties are dropping out as the June 30 deadline approaches, reported The Financial Times.
Mahsan-Rompin bypass completed
PETALING JAYA (June 19): IOI Properties Group Bhd has completed the Mahsan-Rompin bypass and the upgrading works of Jalan Bandar IOI-Mahsan.
