CoreNet introduces its Malaysia chapter
THE corporate real estate (CRE) industry in Kuala Lumpur is gaining importance, as a growing number of multinational organisations are setting up their headquarters and regional offices in the city.
Stronger quarters ahead expected for Axis REIT
Axis Real Estate Investment Trust (Aug 5, RM1.
Gamuda Land to launch Kundang Estates next month
PETALING JAYA (Aug 6): Gamuda Land Sdn Bhd, the property arm of construction group Gamuda Bhd, will be launching its Kundang Estates (pictured) in Kuang, near Rawang, an area the developer has dubbed North KL, next month.
KLCC Stapled’s distributable income rises 3.8%, pays 8.6 sen distribution
KUALA LUMPUR (Aug 3): KLCC Stapled Group, comprising KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), recorded a total realised distributable income of RM167.
Frasers Centrepoint adds to prime industrial site in Australia
SINGAPORE (Aug 2): Frasers Centrepoint Ltd’s Australian unit, Frasers Property Australia (formerly Australand), on Tuesday announced it is acquiring a 10ha site adjacent to its Eastern Creek Business Park in western Sydney.
Pavilion REIT’s earnings expected to pick up in 2HFY16
Pavilion Real Estate Investment Trust (July 29, RM1.
DaMen, Intermark lift PavREIT’s 2Q NPI up 13%
KUALA LUMPUR (July 29): Rental income from DaMen Mall and Intermark Mall, which Pavilion Real Estate Investment Trust (PavREIT) acquired at end-March, lifted the trust’s net property income (NPI) for the second quarter ended June 30, 2016 (2QFY16), by 13.
Renewed passion for life after battling illness
SICKNESS is no deterrent for managing director and principal of Huttons One World, Aine Lee to succeed in the real estate industry.
50 Cent trying to sell mansion, slashes price again
KUALA LUMPUR (July 22): It is hard times for American rapper 50 Cent.
Time for property investors to reassess their holdings
THE local property market has seen frenzied buying in recent years as real estate is considered by many to be the perfect investment in the face of rising inflation.
