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Market News

14 Jul 2014 Major brands sign tenancy deals with new mall TESCO Hypermarket, HomePro and AEON Index Living Mall have recently signed lease agreements to become the anchor tenants of IOI City Mall.
11 Jul 2014 New Centre for High-tech DAMANSARA Uptown in Petaling Jaya is set to attract Multimedia Supercorridor (MSC)-certified companies with its recent attainment of MSC Malaysia Cybercentre status.
11 Jul 2014 Top 10 design tips for the office 1. Think “theme” According to PDI Design and Associates’ Tan Su Cheng, adding a theme to your office space will not only help to make the office more colourful and interesting, it will also help to create a sense of belonging for you and your coworkers.
11 Jul 2014 London Remains World’s Most Expensive Office Market Three of Five Priciest Markets are in AsiaFive of 10 Fastest Growing Occupancy Cost Markets are in U.S.
11 Jul 2014 Citi pays record $697M for Hong Kong tower (Bloomberg) -- Citigroup Inc. paid a record HK$5.4 billion ($697 million) to a unit of Wheelock & Co. for a Hong Kong office tower that will bring most of its 5,000 employees in the city under one roof.
11 Jul 2014 London calling for commercial property investors Central London is the most active commercial property market in the world, according to commercial estate agent DTZ. Cross-border investment into the UK capital’s centre totalled nearly $18 billion last year, according to DTZ’s Money into Property report, three times the level achieved by Manhattan, the second most active financial capital. The rising number of deals also underlines the readiness of UK investors to sell property as values rise, according to analysts. Interest in London made the UK the most liquid market in the world last year, with a liquidity ratio of 9.2%, followed by Singapore, with 7.6%. According to DTZ, the amount of money invested in global commercial real estate rose 4% to $12.9 trillion last year. Institutional investors continue to favour prime property, although DTZ notes 70% of lenders are prepared to finance purchases of secondary assets as memories of the credit crisis recede. Sentiment among lenders has seen a “remarkable improvement,” according to DTZ. The rise in commercial activity coincides with a boom in UK residential real estate transactions, which has triggered concern from the Bank of England. The Council of Mortgage Lenders today confirmed that UK loans were up by 30% by volume and 47% by value over the year to April.
11 Jul 2014 Office property market on the road to recovery: Colliers The recovery in Singapore's office property market gained a firmer footing in the second quarter of 2014, according to Colliers International's latest Research and Forecast Report.
08 Jul 2014 Hotel sector hots up STARWOOD Hotels & Resorts Worldwide Inc has signed an agreement with IOI Properties Group to manage two hotels — Four Points by Sheraton Puchong and Le Méridien Putrajaya, slated to open this year and next year, respectively.
07 Jul 2014 How GST Will Impact Home Prices & The Property Market WITH the coming implementation of Goods & Service Tax (GST) in April 2015, many Malaysians are concerned with what this bodes for prices in general. It is inevitable that home prices will also be affected. In this article, we explain how home and property prices will be affected moving forward.
07 Jul 2014 Homegrown chain receives gold rating from Green Building Index THE newly-opened Tune Hotel klia2 has received a double recognition for its green technology and energy-efficient features. Beyond the conventional green products of LED lights and energy-efficient equipment, Tune Hotels has taken its green initiative further by employing holistic sustainability in its building design.