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Office glut pushes Tower REIT to innovate

After reinventing its Menara HLA by offering co-working and co-living spaces, Tower REIT, part of the Hong Leong Group, is also looking to revamp another asset in an attempt to improve occupancy and net property income.

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Government weighs possibility of buying PLUS

According to Guan Eng, Khazanah Nasional Bhd, which controls a 51% stake in PLUS, submitted a proposal to sell PLUS to the government because the public investment arm is worried about the diminishing of assets by selling to private parties.

 

 

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