PHB’s Mayang Mall to be completed by 2020
PETALING JAYA (April 4): The real estate arm and wholly-owned subsidiary of Yayasan Amanah Hartanah Bumiputera (YAHB), Pelaburan Hartanah Bhd (PHB) has officially launched Mayang Mall in Kuala Terengganu.
Mudajaya Group bags RM58 mil LRT3 job from Prasarana
KUALA LUMPUR (April 4): Mudajaya Group Bhd has bagged a RM58.
Picorp disposes of Saudi property for RM5.1 mil
KUALA LUMPUR (April 4): Loss-making Progressive Impact Corporation Bhd (Picorp) is disposing of a commercial villa in Saudi Arabia for 4.
Ascott to build Citadines serviced residences in Brazil
SINGAPORE (April 4): CapitaLand’s wholly-owned serviced residences business unit, The Ascott Ltd, is expanding into South America with franchise agreements for two Citadines-branded serviced residences in São Paulo, Brazil.
Frasers Centrepoint Trust issues S$90 mil 2.365% notes
SINGAPORE (April 4): Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust, announced Monday that FCT MTN has issued S$90 million (RM285.
Ascendas REIT completes S$26.5 mil acquisition of Melbourne logistics property
SINGAPORE (April 4): Ascendas Fund Management, the manager of Ascendas REIT, today announced completion of the REIT’s acquisition of Stage 4, Power Park Estate in Melbourne, Australia, from Goodman Dandenong Trust for a purchase consideration of A$24.
Kerjaya expected to secure more packages for STP 2
Kerjaya Prospek Group Bhd (April 3, RM2.
8 reasons high-rises are climbing the popularity chart
WHEN CK Lau’s family decided to shift from a spacious semi-dee house to a smaller 1,279 sq ft condo unit five years ago, relatives and friends wondered if the Laus were having trouble making ends meet.
Avoiding pitfalls in strata property investments
WITH land for property developments shrinking by the day especially in the Klang Valley, many property developers have been moving towards higher density developments.
Singapore REITs get an upgrade as Fed doves & hawks tussle
SINGAPORE (April 3): CIMB Research is upgrading its sector outlook on Singapore REITs (S-REITs) from “underweight” to “overweight” on a dovish Fed outlook in addition to a potential sector re-rating ahead of a broader physical recovery in 2018.
