Property developer I-Bhd (KL:IBHD) posted an over 81% jump in net profit for the third quarter ended Sept 30, 2025 (3QFY2025), driven by stronger contributions from its property development and investment segments, efficient cost management, and a one-off fund recovery following project completions.

Battersea Power Station will transform into one of London’s leading festive destinations from Nov 7, 2025, to Jan 4, 2026, featuring Christmas lights, decorations, markets, and entertainment throughout the season.

The takeover offer by Magna Prima Bhd’s (KL:MAGNA) largest shareholders—Datuk Seri Wong Sze Chien and managing director Seah Ley Hong—for the remaining shares in the company has turned unconditional, after their collective stake climbed above 50%.

Axis Real Estate Investment Trust (KL:AXREIT) declared a third interim distribution per unit (DPU) of 2.65 sen on Thursday, as it saw a 15.7% year-on-year jump in its third-quarter net property income (NPI), thanks to newly acquired assets and rental growth.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), has acquired a site at 14 Marshgate Lane in Stratford, London, for a purpose-built student accommodation (PBSA) project with an estimated gross development value of RM600 million.

The failure of a sewer pipe structure, corroded by chemical reactions and affected by soil instability, has been identified as the main cause of the sinkhole incident at Jalan Masjid India in August last year.

Glomac Bhd (KL:GLOMAC) has deferred its plan to venture into the data centre segment as the group has yet to secure a confirmed tenant to lease its land, said group managing director and CEO Datuk Seri FD Iskandar Mohamed Mansor.

Noteworthy:

• Freehold
• Built-up size: 4,880 sq ft 
• Land size: 15,182 sq ft
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Dataran Pahlawan Megamall, Mahkota Parade, Klinik Ujong Pasir
• Accessibility: Public Bus Service (Route M100), Major Road Link (Jalan Ujong Pasir/M100 Corridor)

When: July 2025

The International Construction Week (ICW) and BuildXpo 2025 will feature more than 350 exhibition booths, highlighting innovations in construction technology, equipment, and solutions.

IOI Properties Group Bhd (KL:IOIPG) achieved RM437 million in sales from its southern region projects over a three-month period during its “30 Years Together” anniversary campaign, which ran from April 1 to June 30.