What about investing in heritage buildings?
Given the opportunity, would you invest in a pre-war shophouse or a heritage building?
Given the opportunity, would you invest in a pre-war shophouse or a heritage building?
Better hotel revenue trickled down to hotel profit before tax in 4QFY17…
Over the medium term, Tropicana City Property still presents CMMT with a good growth avenue.
IGB REIT also declared a second income distribution of 4.9 sen (fourth quarter of FY16 [4QFY16]: 4.3 sen), bringing the full-year distribution to 9.28 sen (FY16: 8.71 sen).
Additional contributions from newly acquired the Kerry Warehouse, Johor, and the Wasco Facility, Kuantan.
Townships in the pipeline…
We understand that Gamuda’s consortium has in place a firm financing arrangement by a group of reputable financial institutions.
MIDF Research maintains buy on S P Setia.
Setia Alam now adds landed series starter homes to its range of products.
These new areas could possibly emerge as the new development hot spots of the future.