Crescendo seals seventh land sale in Johor, to data centre operator
Johor-based property developer Crescendo Corp Bhd (KL:CRESNDO) is selling more land for the development of data centres in Johor, this time for RM120.06 million in cash.
OSK Property buys more land in Sungai Petani
OSK Holdings Bhd’s (KL:OSK) property arm, OSK Property Holdings Bhd, plans to expand its activities in Kedah with the acquisition of five parcels of plantation land totalling 330.53 acres (133.76 hectares) for RM72 million.
JAKS' indirect subsidiary to raise RM250m via medium-term note programme
JAKS Resources Bhd (KL:JAKS) said its indirect subsidiary MNH Global Assets Management Sdn Bhd has filed for the establishment of a medium-term note (MTN) programme of up to RM250 million with the Securities Commission Malaysia.
The Conlay tops out with expected completion by 1Q2025
Eastern & Oriental Bhd (E&O) and Mitsui Fudosan (Asia) Malaysia today celebrated the topping out of The Conlay, a luxury high-rise residence with an estimated gross development value (GDV) of RM900 million.
Analysts raise earnings forecast after PavReit adds two hotels to portfolio
Analysts have raised the earnings forecast for Pavilion Real Estate Investment Trust (KL:PAVREIT) after acquiring two premier hotels namely Banyan Tree Hotel and Pavilion Hotel in Kuala Lumpur for a sum of RM480 million.
Pavilion REIT proposes to buy chairman’s KL hotels for RM480m
Pavilion Real Estate Investment Trust (KL:PAVREIT) has proposed to buy two hotels in Kuala Lumpur for an aggregate RM480 million, and undertake a private placement to raise up to RM552 million to fund the acquisitions.
Maxland inks 60-year land lease agreement to set up data centre in Kulim High-Tech Park
Maxland Bhd (KL:MAXLAND) has signed a 60-year land lease agreement to set up a data centre in the Kulim High-Tech Park (KHTP) in Kedah.
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Upswing in KL's 1H2024 commercial property performance — Napic data
Kuala Lumpur, a vibrant metropolis and economic powerhouse, has historically been a magnet for businesses and investors. However, the past few years have seen the market go through some major shifts beginning with the Covid-19 pandemic in 2020.
SAMA Square fully opens with 100% occupancy
The 24-hour lifestyle hub developed by SkyWorld Development Bhd spans 4.15 acres, while offering 58,000 sq ft of retail space across 31 fully occupied lots and provides 449 parking bays for visitors.
Gamuda Land breaks ground for two public primary schools at Gamuda Cove
Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), commenced the construction of two public primary schools in its 1,530-acre (619.17-hectare) Gamuda Cove township in Kuala Langat, Selangor, on Wednesday.
