Stronger y-o-y rental income growth likely for IGB REIT for 3Q
Turnover sales account for about 12 to 15% of IGB REIT’s rental income.
In Depth
Tambun Indah’s 2Q-3Q margins expected to improve
Management is keeping its RM150 million sales target for 2018 for now.
Gabungan AQRS plans to transform property arm
We expect Gabungan AQRS’ future balance sheet and operating cash flow to strengthen significantly on the back of its five-year transformation plan.
Both IGB REIT assets expected to continue to perform well
Both properties, Mid Valley Megamall and The Gardens Mall, are operating with high occupancy rates of close to 100%, driven by the strategic prime location.
IJM’s track record seen helping it to get jobs
The construction industry is now facing headwinds in view of fewer megaprojects.
WCT Holdings’ TRX Lifestyle Quarter job win seen to boost order book for another three to four years
WCT had completed several shopping complex projects which include Bahrain City Centre, MyTown Shopping Centre, Bukit Tinggi Shopping Centre and The Curve Shopping Centre.
Gabungan AQRS' strong order book could sustain growth
Unbilled sales of RM128 million and unsold property units valued at RM486 million will contribute to property earnings in FY19 to FY22.
Revised LRT3 plan positive for George Kent
Currently, its outstanding order book inclusive of LRT3 stands at RM5.3 billion (based on previous budget of RM9 billion).
Highland Towers site — is revival possible?
It is a place of tragedy but there are now plans to revive the Highland Towers site located in Ulu Kelang, Selangor. Can it be done?
Here’s why prices of properties near the shelved LRT 3 stations won’t tumble
To save costs, the line is going back to its original alignment and is bidding adieu to six stations – Tropicana/Lien Hoe in Petaling Jaya, Temasya in Glenmarie, Persiaran Hishamuddin and Seksyen 2/SIRIM in Shah Alam, and Bukit Raja and Bandar Botanic in Klang.
