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08 Dec 2014 Names for 31 MRT stations finalised PETALING JAYA: Mass Rapid Transit Corpo­ration Sdn Bhd has finalised names for the 31 MRT stations located on the Sungai Buloh-Kajang line, also known as Line 1. “The name changes are to better reflect the locality of the station,” MRT Corp CEO Datuk Wira Azhar Abdul Hamid said in a press briefing here yesterday.
08 Dec 2014 IOI Prop eyes Taipei 101 PETALING JAYA: Property heavyweight IOI Properties Group Bhd (IOI Prop) is making a bold move into the Taiwan real estate as it proposes to buy a stake in iconic skyscraper Taipei 101 for RM2.74bil (NT$25.14bil) at a time when the ringgit is weakening.
05 Dec 2014 Rental rates resilient, occupancy improves OFFICE rental rates held steady with improved occupancy during the review period. Meanwhile, incoming office supply is expected in the fourth quarter
20 Nov 2014 Axis REIT allocates up to RM400m for asset acquisitions KUALA LUMPUR: Axis REIT Managers Bhd, manager of the Axis Real Estate Investment Trust (Financial Dashboard) (Axis-REIT), has allocated between RM300 million and RM400 million for asset acquisitions next year, as it continues to increase its asset under management (AUM).
13 Nov 2014 The Nomad Group to sell six assets at about half its initial investment price KUALA LUMPUR: The Nomad Group Bhd wants to hive off six assets to a Hong Kong-incorporated management service firm for £4.25 million (RM22.3 million) cash, which is about half or 47.3% less than the RM42.3 million initial investment the group forked out for the properties between 2007 and 2014.
04 Nov 2014 Meet Malaysia's Own 'Cake Boss' Whose Creations Have Caught The Attention Of International Superstars And Local Celebrities The original Cake Boss Buddy Valastro was in town earlier this week to much celebrity fanfare but did you that a Malaysian has been quietly making waves for his jaw-dropping cake artistry too? He's the man credited with shaking up the local baking scene with his 3D cakes, which are nothing less than works of art in their own right.
31 Oct 2014 Gamuda the biggest winner in MRT 2 job PETALING JAYA: The MMC Corp Bhd and Gamuda Bhd joint-venture (JV), which will carry out the second mass rapid transit line (MRT2), will stand a higher chance of clinching the underground works for the project, according to analysts.
27 Oct 2014 Parkson takes over management of Maju Junction Mall KUALA LUMPUR: Maju Group, controlled by businessman Tan Sri Abu Sahid Mohamed, has enlisted the help of tycoon Tan Sri William Cheng’s Parkson Group to manage and operate Maju Junction Mall here.
21 Oct 2014 Malaysia secures RM2.35b German investments FRANKFURT: Malaysia has attracted RM2.35 billion in investments from Germany during the its recent investment mission here. International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the bulk of the investments were from the renewable energy sub-sector and the semiconductor sub-sector
15 Oct 2014 Singapore Property firms became net sellers of investment properties as cooling measures bite Singapore - With cooling measures continuing to affect the Singapore residential market, property firms became net sellers of local investment properties in the third quarter of this year. However, purchases by real estate investment trusts (reits) helped to prop up investment sales during the period, DTZ said in a report on Wednesday.