Landlords of existing office buildings, particularly older structures, are coming up with innovative strategies to retain existing tenants and attract new ones.

Mah Sing Group Bhd has been known for its aggressive and quick-turnaround business strategies in good or bad times.

All that glitters in Abu Dhabi is not only the gold in its glitzy shopping malls, nor the sun beaming down on its sand dunes. Affordable mid-range property is also in high demand — if you can get it.

KUALA LUMPUR: LBS Bina Group Bhd, via two of its Hong Kong-based units, have signed a letter of intent (LOI) with Zhuhai Special Economic Zone Long Yi Enterprises Company to dispose of their respective 10% stakes in two joint-venture (JV) companies for 200 million yuan (RM93.3 million)

KUALA LUMPUR: Hunza Properties Bhd net profit for the first quarter (1Q) ended Sept 30, 2010 surged 273% to RM34.69 million from RM12.69 million a year ago, on the back of a 13% increase in revenue to RM64.53 million.

Earnings per share was 18.39 sen while net assets per share was RM2.36.

KUALA LUMPUR: Sunway Holdings Bhd has entered into a memorandum of understand (MoU) with Shanghai Zhushengyuan Real Estate Co Ltd (SZRE) to explore the feasibility of a number of projects including a mixed development in Wuguang New City in Wuguangxincheng, Changsha in China.

KUALA LUMPUR: Hai-O Enterprise Bhd unit, Hai-O Properties Sdn Bhd (HOP), has entered into a share sale and shareholders agreement with Sierra Equatorial Development Sdn Bhd (SED) to venture in the property investment and development business.

PETALING JAYA: The retail industry is expecting a market growth of 10% to 15% when the import duty abolishment on 300 tourism-related products proposed in Budget 2011 is implemented.

Budget 2011 was tabled by Prime Minister Datuk Seri Najib Razak last Friday, Oct 15.

FRANKFURT: Aberdeen Asset Management's German real estate unit is to liquidate the €1.3 billion (RM5.63 billion) Degi Europa open fund it froze two years ago to prevent a glut of asset sales.