KL real estate market shows broad resilience across sectors, says JLL Malaysia
JLL Malaysia head of research and consultancy Yulia Nikulicheva highlighted that vacancy in the logistics sector fell to 4%, down from 4.
Bursa grills Genting Malaysia over US$41m Empire Resorts buyout
The acquisition will turn Empire Resorts, the operator of Resorts World Catskills, Resorts World Hudson Valley, and Resorts World Bet in New York, from being GENM's 49%-owned associate to a fully-owned subsidiary.
Asia-Pacific's cross-border investment in Malaysian commercial real estate sector hit US$9.5b in 1Q—Knight Frank
While Malaysia was not among the top cross-border capital destinations this quarter, there was a steady rise in enquiries, particularly for Kuala Lumpur, Penang’s industrial corridors, and Johor’s logistics and residential hubs.
Three key ministries lead new Malaysia–Thailand border bridge project, says Saifuddin Nasution
Home Minister Datuk Seri Saifuddin Nasution Ismail the Ministry of Home Affairs (KDN), Ministry of Works (KKR), and Ministry of Transport will collaborate on the project to replace the existing structure that has been in operation since 1973, in line with a bilateral agreement between both countries.
Genting Malaysia takes full control of Empire Resorts from Lim family in US$41 mil deal
The transaction, announced by Genting Malaysia on Friday via a bourse filing, will result in Empire Resorts becoming an indirect wholly owned subsidiary of Genting Malaysia, via Genting ER Ltd.
KLCCP Stapled Group to be selective in new asset acquisitions amid market uncertainty
At present, the company is focusing on asset rejuvenation — including upgrading and refurbishing its properties — in an effort to attract more tenants.
Taghill to dispose of two shopoffice buildings in Puchong for RM4.6m
The proposed disposal is expected to generate a gain of approximately RM554,000 for the construction firm, which will be recognised as part of its financial results.
Elevated office vacancy rates persist as supply outpaces demand, BNM says
“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.
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