Private placement Axis REIT’s future expansion plans
With the new fund, Axis REIT’s gearing could be reduced to 29.4% from 37.3% currently if all the proceeds are used to pare down debts.
With the new fund, Axis REIT’s gearing could be reduced to 29.4% from 37.3% currently if all the proceeds are used to pare down debts.
Al-Salam REIT is assessing a handful of properties for acquisition worth RM775 million in total.
Shorter bidding period for MRT3 is in line with new target completion date.
All in, projects worth about RM2.03 billion are expected to be unveiled in 4QFY17, which include new phases of Setia Alam, Setia EcoHill, Setia Eco Templer and KL Eco City.
Would Malaysian homebuyers be receptive to rent-to-own schemes?
Old Klang Road or Jalan Klang Lama has maintained its vitality, not just as an arterial road in Kuala Lumpur city but also as a property hotspot.
“To mine data, we must first have sufficient database and to do so, we need connectivity.”
Nonetheless, we reckon Gamuda still stands a good chance to be involved in MRT3, given its proven track record and unrivalled expertise…
MBSB’s forward strategy now will be to enhance its focus on upgrading the company’s digital capacity to improve the existing business and operating model.
The MRT3 line is said to be integrated with the first line (MRT1) stretching from Sungai Buloh to Kajang, and the second line (MRT2) connecting Sungai Buloh to Putrajaya via Serdang.