News by EDGEPROP.MY

Pavilion Real Estate Investment Trust (Pavilion REIT) recorded a stronger first quarter ended March 31, 2026 (1Q2026), posting higher distributable income and distribution per unit (DPU) on the back of improved net property income from its core retail assets.

S P Setia Bhd will unveil its Balinese-inspired enclave of freehold homes called Damaira in Setia Mayuri, Semenyih this month.

UEM Sunrise Bhd has appointed Leong Jee Van as chief property development officer (CPDO), effective May 18, as the developer strengthens execution across its core property development operations and strategic growth corridors.

Berjaya Corp Bhd has disposed of shares in two of its listed subsidiaries — Berjaya Property Bhd and Sports Toto Bhd — to its founder and major shareholder Tan Sri Vincent Tan Chee Yioun (TSVT) via direct business transactions, raising a combined RM18.76 million for working capital.

EWI Capital Bhd's investee fund has completed the acquisition of its first asset — a prime Melbourne office tower — marking a significant milestone in the Malaysian developer-turned-investment-holding company's strategic pivot towards recurring income-generating real estate.

Imperio Group has opened The Tenz Emporium in Alor Setar, with Cold Storage — operated by GCH Retail (Malaysia) Sdn Bhd — as its anchor tenant and the premium grocer's first outlet in Kedah, signalling growing retailer interest in secondary cities beyond the Klang Valley and Penang.

EdgeProp has collaborated with PropNex Malaysia, one of the nation's fastest-growing real estate agency networks, to produce the Malaysia Property Market Overview 1Q2026

118 Mall is on track to open this August, introducing a new retail and lifestyle destination at the base of Merdeka 118, the world’s second tallest building.

Tropicana Corp Bhd has completed the structural framework of SouthPlace 2 Shoppes & Residences at its 88-acre Tropicana Metropark township in Subang Jaya, marking the occasion with a topping-off ceremony yesterday. 

SkyWorld Development Bhd has formalised a strategic collaboration with  Malaysian government agency Majlis Amanah Rakyat (MARA) through the exchange of a memorandum of understanding (MOU) at the MARA Synergy Summit: Sustainability as the Nation’s Growth Engine, held in conjunction with MARA’s 60th anniversary at the World Trade Centre Kuala Lumpur.