ABU DHABI: Economic expansion and upcoming real estate regulations look set to help Abu Dhabi's property market, Oxford Business Group said in its latest economic update.

Abu Dhabi's property market has faced the situation where lower investor demand and an increase in residential and office supply have combined to encourage a drop in rental rates.

KUALA LUMPUR: Mah Sing Group Bhd has sweep away six awards for all categories for Malaysia awarded at the 8th Asiamoney Corporate Governance Poll at an awards gala night held in Hong Kong recently.

SEREMBAN: SWM Environment Sdn Bhd (SWM), the solid waste management and public cleansing concessionaire for the Southern Region (Johor, Melaka and Negeri Sembilan), is exploring projects utilising green technology for implementation in the waste management industry.

KUALA LUMPUR: Cypark Resources Bhd's RM94.29 million pilot Renewable Energy (RE) Park project in Pajam, Nilai may be running at full capacity of 10MW by 2013 although implementation is dependent on other factors, said group CEO Daud Ahmad.

KUALA LUMPUR: About 98.96% of MTD Capital Bhd's shares have been acquired by the four joint offerors at the closing time of the unconditional takeover offer at 5pm on Friday, Mar 11.

KUALA LUMPUR: Tan Boon Chuan, an executive director of OSK Property Holdings Bhd, has resigned from his post effective immediately, the group announced to Bursa Malaysia on Friday, Mar 11.

Tan, 50, had joined group subsidiary OSK Properties Sdn Bhd in 2004 as chief operating officer.

He was previously a business development director in Citraprop Sdn Bhd for two years.

KUALA LUMPUR: CB Richard Ellis (Malaysia) (CBRE) reported that the hospitality industry, especially 5-star hotels, have recovered in 2010 with full-year occupancy for 5-star hotels reaching 68%, up from 2009s 58%, it said in its 4Q Marketview Kuala Lumpur Hospitality report on Friday, Mar 11.

KUALA LUMPUR: CB Richard Ellis (Malaysia) (CBRE) reported that 2010 will see increase retail activity in its 4Q Marketview Kuala Lumpur Retail report released on Friday, Mar 11.

KUALA LUMPUR: CB Richard Ellis (Malaysia) (CBRE) reported growth in the residential property market for 2011 although it will not replicate 2010 levels in its 4Q Marketview Kuala Lumpur Residential report on Friday, Mar 11.

KUALA LUMPUR: CB Richard Ellis (Malaysia) (CBRE) notes that new office supply in the coming years will make it a tenants market, in its 4Q2010 Marketview Kuala Lumpur Office report released on Friday, Mar 11.

Additionally, CBRE expects occupancies and rents will remain flat or decline slightly during 2011 before undergoing even greater downward pressure in 2012-13.