Market News
28 Apr
2014
PETALING JAYA: Fresh from selling land worth RM600mil to China’s Greenland Group, Iskandar Waterfront Holdings Sdn Bhd’s (IWH) Tan Sri Lim Kang Hoo is believed to be eyeing another tie-up with Greenland – this time for the RM4.4bil River of Life (RoL) project in Kuala Lumpur.
26 Apr
2014
PROPERTY experts say the findings of the Property Market Report 2013, released last week by the National Property Information Centre, came as no surprise, with the various cooling measures having their intended effect of curbing speculation and excessive price growth.
23 Apr
2014
BlackRock Inc. (BLK:US), the world’s largest asset manager, is seeking bids to sell two office towers and a mall in Kuala Lumpur, according to a sale document viewed by Bloomberg News.
17 Apr
2014
PETALING JAYA: Pilgrims fund Lembaga Tabung Haji has completed the purchase of Unilever House, Leatherhead in Surrey, London for £75.8mil, reflecting a net initial yield of about 6%, according to a London-based property consultancy.
12 Apr
2014
In a lull since 2008, real estate investment trust (REIT) Quill Capita Trust Bhd is being injected with a new lease of life.
This follows the just announced deal that it will acquire Platinum Sentral from Malaysia Resources Corp Bhd (MRCB) in return for cash and shares. As a result, MRCB will become the single largest shareholder in QCT with a 31% stake
12 Apr
2014
PETALING JAYA: UOA Damansara has been awarded the MSC Malaysia Cybercentre status by the Government
10 Apr
2014
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) is selling its Platinum Sentral to Quill Capita Trust (QCT) for a total purchase consideration of RM750mil.
07 Apr
2014
PETALING JAYA: The Greenland Group is the latest developer from China to buy land for a sizeable property project in Johor's coastal Danga Bay area.
04 Apr
2014
UFMI has retrofitted the commercial buildings of Uptown 1, Uptown 2 and Wisma Goldhill in Kuala Lumpur to streamline its energy consumption.
27 Mar
2014
Fuji Xerox marked the launch of its first ever sustainability report and the opening of its new Malaysian headquarters atMenara Binjai in Kuala Lumpur’s Golden Triangle recently.