Market News
22 Aug
2014
KUALA LUMPUR: Parkson Holdings Bhd is selling KL Festival City Mall for RM349 million in cash, as the group intends to concencrate on developing larger malls to drive the department store group’s expansion plans.
20 Aug
2014
KUALA LUMPUR: Quill City Mall, a new shopping mall in Jalan Sultan Ismail that is due for a soft opening later this year has signed on leading general merchandise store-cum-supermarket chain AEON as its anchor tenant.
20 Aug
2014
SHANGHAI: As online shopping businesses are grabbing the market share from the traditional retail market, retail mall operators are mixing up the tenant mix by increasing the proportion of food and beverage (F&B) tenants, reported Knight Frank in the Shanghai Retail Market Report 2Q2014.
13 Aug
2014
NO, it is not always just about saving the environment. Green buildings with ergonomic office designs also improve your employee’s well-being and productivity.
However, given the novelty of green buildings in Malaysia, the conversation today merely revolves around the environmental footprint of our built environment by using benchmarks such as energy and water usage.
09 Aug
2014
KUALA LUMPUR: The different sectors of the economy must leverage on the high speed rail (HSR) project currently being planned between Kuala Lumpur and Singapore, said MKH Bhd managing director Tan Sri Eddy Chen.
06 Aug
2014
LAST September, CIMB published a “strategic report” on office space titled “Overbuilding Risks” and one paragraph immediately caught my attention.
31 Jul
2014
THE Malaysian economy beat forecasts with its gross domestic product (GDP) growing at 6.2% in the first quarter of 2014 (1Q14), thanks to sustained domestic demand and recovering net exports.
Services and manufacturing sectors contributed to the growth with 6.6% and 6.8% increases year-on-year (y-o-y) respectively.
30 Jul
2014
PETALING JAYA: In Greater Kuala Lumpur, the residential and commercial property markets are expected to see healthy growth, while the region’s industrial property markets will likely lag behind in terms of new supply this year, says property consultant CBRE Group.
21 Jul
2014
KUALA LUMPUR: KUB Malaysia Bhd, which holds the A&W franchise in Malaysia and Thailand, plans to transform its landmark A&W restaurant in Section 52, Petaling Jaya (PJ) into two office towers with a gross development value (GDV) of RM263 million next year, said its group managing director Datuk Wan Mohd Nor Wan Ahmad.
14 Jul
2014
TESCO Hypermarket, HomePro and AEON Index Living Mall have recently signed lease agreements to become the anchor tenants of IOI City Mall.