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IJM boosts stake in CIDBI
KEuro sells off more Talam shares
Positive investors sentiment seen at Cityscape Global 2010
DUBAI: A wave of investor optimism kicked off Cityscape Global 2010 on Monday, Oct 5, after a series of confidence-boosting economic news in Dubai and other emerging markets.
PAM launches one-month exhibition
KUALA LUMPUR: Malaysia will celebrate World Day of Architecture for the first time with the launch of the month-long “Architects Malaysia Exhibition” on Oct 4.
The exhibition is organised by the Malaysian Institute of Architects (PAM) and carries the theme “Better Cities, Better Lives – Sustainable by Design”.
Top two developers pocket HK$11b from sales
HONG KONG: Hong Kong's housing market has continued to shrug off government measures to curb speculation, with units offered at mid- to high-price ranges attracting a strong response over the long weekend.
Cheung Kong (Holdings) and Sun Hung Kai Properties between them pulled in more than HK$11 billion (RM4.4 billion) in sales since Thursday.
Eldest son loses out in SHKP trust rejig
HONG KONG: In the latest twist in the high-profile family feud at the Sun Hung Kai Properties (SHKP) empire, Walter Kwok Ping-sheung — eldest scion of the Kwok clan — has been removed as a beneficiary from a key trust controlling the business group.
SM Nasarudin is Jetson's non-executive director
KUALA LUMPUR: Sheikh Mohd Nasarudin, better known as SM Nasarudin, has been redesignated as a non-executive director of construction, property and manufacturing company Kumpulan Jetson Bhd (Jetson) on Oct 4. He was previously the chairman and executive director of the company.
Cluttons: Sales and rent rates for Dubai's villas, apartments declining
DUBAI: Cluttons’s latest research shows that villa and apartment sales rates in Dubai continue to decline in the third quarter of 2010.
During the period, villa sales prices fell by 4.3%, and apartment sales prices fell by 8.7%, while villa rental prices were reduced by 8.2% and apartment rental prices slipped by 6.1%.
Industry stakeholders to test the market at Cityscape Global
DUBAI: Cityscape Global, the rebranded Cityscape Dubai, is expected to be a platform for industry stakeholders to network and get a feel of the global property market, reported Gulf News on Sunday, Oct 3.