Strata problem brewing for Forest City
Forest City boasts of being the largest mixed-use green development in Southeast Asia, but local property professionals are wondering whether a larger problem is brewing.
Forest City boasts of being the largest mixed-use green development in Southeast Asia, but local property professionals are wondering whether a larger problem is brewing.
Anzo Holdings Bhd said its wholly-owned subsidiary Harvest Court Construction Sdn Bhd (HCCSB) has been appointed the main contractor for Phase 2 of the Porto De Melaka Hotel and Resort development in Melaka.
The manager of Manulife US REIT has announced a distribution per unit (DPU) of 1.65 US cents (2.3 Singapore cents) for the first quarter ended March 31, exceeding its projected DPU of 1.52 US cents by 8.6%.
The trustee manager of CapitaLand Commercial Trust (CCT) has entered into an agreement to divest One George Street into a concurrently-formed limited liability partnership – One George Street LLP (OGS LLP), which CCT has established with joint venture partner OGS (II), a special purpose vehicle owned by insurer FWD Group.
Pavilion Kuala Lumpur mall (PKL) recorded lower gross revenue (down 2% y-o-y) as the mall is still in the midst of tenant repositioning to improve tenancy mix and we gather this is likely to continue into the first half of 2017.
In this second part of my report, I am highlighting a few more trends and ideas which I hope could be a source of inspiration for you as much as they are for me. All it takes is a dash of your own creativity and these trends could easily be tailored for your own home.
According to Psaros Development managing director Mike Enslin, the freehold 8-storey East Bank by Psaros will feature 70 1- and 2-bedroom apartments and three commercial units on the ground floor.
Tropicana Corp Bhd has debuted Sinaria, the first commercial phase at the 863-acre Tropicana Aman township in Kota Kemuning, Selangor.
The manager of Mapletree Logistics Trust (MLT) has declared a distribution per unit (DPU) of 1.86 Singaporean cents for 4Q16/17, 3.3% higher from 1.80% in the same quarter a year ago.