SYDNEY: Investa Property Group, an Australian real estate company owned by Morgan Stanley funds, plans to raise as much as A$750 million (RM2.3 billion) in an initial public offering of some assets, two familiar with the matter said.

KUALA LUMPUR: Master Builders Association Malaysia (MBAM) member companies will join the Construction Business Mission to The Maldives from Oct 12 to 14 to foster better ties and explore business opportunities with their Maldivian counterparts.
 

KUALA LUMPUR: Construction group, Zecon Bhd has been awarded an RM182 million contract to design and build the Faculty of Medicine and Health Sciences and Institute of Health and Community Medicine of Universiti Malaysia Sarawak (Unimas) in Kota Samarahan, Sarawak.

KUALA LUMPUR: Low Yat Group expects some RM55 million in rentals over five years from the retail portion of its Rivercity mixed development project along Jalan Ipoh in Kuala Lumpur.

KUALA LUMPUR : Privately-owned Low Yat Group, which is undertaking the "Rivercity" mixed development along Jalan Ipoh here, expects to rake in some RM55 million in rentals within five years from its commercial portion when the upgrading is completed.Low Yat Group deputy general manager for property development Leow Sian Hoong said on Monday, Oct 12, the rentals at Rivercity were expected to dou

PETALING JAYA: The federal government and Malaysian Bar Council should take a leaf from Singapore’s book and liberalise fee guidelines for the conveyance of property titles, said the Real Estate and Housing Developers’ Association Malaysia (Rehda).

HONG KONG: Country Garden Holdings Co, the property developer controlled by China’s richest woman, said sales in the country’s so-called “golden week” holiday rose 63% to RMB2.2 billion yuan (RM1.2 billion).

SEOUL: South Korea's relentless house price rise is a top concern for the government but it realises that the recent spate of lending controls to calm the market could cause wider problems, senior officials said on Oct 12.

KUALA LUMPUR: Maybank Investment Research has initiated coverage on Glomac with a Buy call and RM1.78 target price (41% upside), on its attractive value proposition and explosive earnings growth driven by upcoming high-margin commercial projects.

KUALA LUMPUR: Maybank Investment Research has initiated coverage on Glomac with a “buy” call and RM1.78 target price (41% upside), on its attractive value proposition and explosive earnings growth driven by upcoming high-margin commercial projects.