KUALA LUMPUR (May 4): Seremban Engineering Bhd (SEB) is looking to acquire 40% of landfill services provider Selekta Spektra Sdn Bhd for RM8.5 million. Selekta currently has a concession agreement with Majlis Bandaraya Ipoh to construct, maintain and manage a landfill for nine years starting from 2011, with an option for an additional 11 years.

LONDON (May 4): The residential property market in prime central London is so far proving resilient against the impact of recent changes to stamp duty as prime central London prices had risen a further 1.1% in April.

KUALA LUMPUR (May 4): Branded hotel companies pursuing assets in new locations will reach a new focus and intensity in 2012, according to hotel investment, advisory and asset management services provider Jones Lang LaSalle Hotels (JLL Hotels).

DOHA (May 3): Malaysian companies are urged to grab the opportunities in the Gulf countries, particularly in Qatar, which is preparing to host Fifa World Cup 2022.

SHAH ALAM (May 3): The Sultan of Selangor Sultan Sharafuddin Idris Shah on Thursday called on housing developers in the state to set aside funds for greening of the environment.

He said the existence of green areas as a key component in a housing area was crucial for the overall development of Selangor.

KUALA LUMPUR (May 3): Mass Rapid Transit Corp Sdn Bhd on Thursday commenced work to redevelop the Klang Bus Stand into the new underground Pasar Seni MRT station for the Sungai Buloh-Kajang MY Rapid Transit (MRT) line.

DUBAI (May 3): A bounce in the earnings and share prices of some United Arab Emirates real estate developers suggests the worst is over for the sector, but does not indicate a full-fledged recovery because property buyers remain very cautious, analysts say.

GEORGE TOWN (May 2): Chief Minister Lim Guan Eng on Wednesday conceded that the sale of the land in Bayan Mutiara was not according to the valuation stipulated by the Valuation and Property Services Department.

He said the 102.56-acre land was sold to Ivory Properties Group Bhd (IPGB) on an open tender basis using the "request for proposal" method for mixed development.

DORNOCH, Scotland (May 2): A Scottish castle that has been turned into a hotel is now on sale in Hong Kong and the mainland after languishing for seven months on the British market without any offers - which the hotel co-owner is blaming on the credit crunch.

GUANGZHOU (May 2): Labour Day felt more like Christmas Day as mainland developers slashed prices to lure homebuyers during the three-day holiday break, which ended on Tuesday. However, sales did not jump significantly, according to property agents.