E-commerce set to impact the property market
SINCE its emergence in the 1950s, the internet has grown into a juggernaut, changing the way we do practically everything, from finding a partner to buying everyday items like groceries and electronic appliances.
KLCCP Stapled Group: Office rental income remains resilient
KUALA LUMPUR (April 13): KLCCP Stapled Group, which comprises units in KLCC real estate investment trust (REIT) stapled together with the shares of KLCC Property Holdings Bhd, expects a 1% to 2% revenue increase in the current financial year ending Dec 31, 2016 (FY16), as it adds 45,000 sq ft of office space to its office rental income.
MQREIT does not expect significant impact from office space glut
KUALA LUMPUR (April 13): MRCB-Quill Real Estate Investment Trust (MQREIT) does not expect to be significantly affected by the current office space oversupply, as only 7% of its net lettable area (NLA) will be up for renewal in July.
Companies scaling back on office space per head
PETALING JAYA (March 24): Companies are more sensitive and cautious in their spending on office space compared with 20 to 30 years ago, said JLL country head for Malaysia YY Lau.
Klang Valley retail space to hit 60 million sq ft in 2017
PETALING JAYA (Mar 1): The retail space in Klang Valley will hit the 60 million sq ft mark in 2017, said Savills Malaysia managing director Allan Soo.
Sale of retail space, demand of logistic space expected to increase in Europe, says Savills
KUALA LUMPUR (Jan 27): The sale of retail portfolios and demand for logistic space is expected to increase in Europe this year, said global property services firm Savills in a briefing note entitled “Themes for European property in 2016” released this month.
Pavilion REIT’s renewal unlikely an issue
Pavilion Real Estate Investment Trust (Dec 29, RM1.
KL office rental rates under pressure
A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end.
7 inspiring ideas for that empty space under the stairs
WHAT do you do with that empty space under the flight of stairs in your house? The usual answer is to build storage, such as shelves, or place a door over it and turn it into a soon-to-be forgotten storeroom.
