Entries for LafargeHolcim Awards close on March 21
KUALA LUMPUR (Feb 6): Entries for the 5th International LafargeHolcim Awards competition for sustainable construction close on March 21, according to a Bernama report today.
10th Malaysian Property Summit to focus on sustainability of property market
PETALING JAYA (Feb 3): Rising interest rates in the US have sparked concerns that it will impact the rest of the world including Malaysia’s property sector.
Berjaya Land buys 0.9% stake in 7-Eleven Malaysia
KUALA LUMPUR (Feb 2): Berjaya Land Bhd has acquired 10 million shares or a 0.
Express Rail Link facing financial woes
AFTER operating for almost 15 years and now enjoying record-high passenger volumes, many would expect that KLIA Ekspres to be a commercially viable project that can stand on its own.
MRCB’s MoU with IWH CREC lapses
KUALA LUMPUR (Jan 27): Malaysian Resources Corp Bhd’s (MRCB) memorandum of understanding (MoU) with Wondrous Vista Development Sdn Bhd and IWH CREC Sdn Bhd to collaborate with each other to develop an integrated transportation terminal in Bandar Malaysia has lapsed.
C&C Bintang buys land and factory opposite Bandar Malaysia for RM59.8 mil
KUALA LUMPUR (Jan 26): Cycle & Carriage Bintang Bhd (CCB) is buying a piece of leasehold land together with a factory building located opposite the Bandar Malaysia project for RM59.
JLL: Vietnam, the rising star of Southeast Asia’s property market
PETALING JAYA (Jan 25): Vietnam will stand out as a rising star in the Southeast Asia property market with strong demand growth in the office, residential and retail sectors as well as increasing foreign direct investment (FDI) to the country, according to international real estate services firm JLL.
CMMT sees rental pressure remaining in near term
KUALA LUMPUR (Jan 25): The downward pressure on rental in shopping malls will remain in the near term as more shopping space comes into the market, according to Low Peck Chen (pictured), the chief executive officer (CEO) of Capitaland Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of Capitaland Malaysia Mall Trust (CMMT).
Johor’s large impending supply to impact rental returns, says Knight Frank
PETALING JAYA (Jan 24): The slowdown in market activity in Johor looked set to continue into 2017, after the market recorded a total of 20,680 transactions and value of RM10.
Banyan Tree forms JV with Vanke to consolidate China assets
SINGAPORE (Jan 24): Banyan Tree Holdings and China Vanke Co have agreed to create Banyan Tree China (BTC), a new joint venture between Banyan Tree and Vanke, to consolidate the ownership of Banyan Tree-branded hotels and assets in China.
