Sentral REIT's 2Q net property income up 4.55%
Sentral REIT's net property income for the second quarter ended June 30, 2023 (2QFY2023) grew 4.55% to RM29.21 million from RM27.94 million a year earlier.
Latest
Sunsuria shares up 16% in active trade
Property developer Sunsuria Bhd saw its share price went up by 15.96% and was actively traded on Thursday's (Aug 10) morning session on Bursa Malaysia.
MIDF sees Malaysia's construction activity slowing in 2Q2023
MIDF Research said that given the moderate growth in the construction and services sectors as well as weaker industrial product index, this will translate into more moderate growth in the second quarter of 2023 (2Q2023).
MK Land unit selected as solar power producer
MK Land Holdings Bhd said its wholly-owned subsidiary Solar Citra Sdn Bhd (SCSB) has been selected to be a solar power producer under the Corporate Green Power Programme (CGPP).
Majuperak sells back 51% stake in property developer after project fails to achieve sales target
Thirty months after acquiring a 51% stake in the developer of Nexus Residence in USJ Subang West, Majuperak Holdings Bhd has decided to sell back the stake after the vendor failed to achieve the required 50% sale of the units in the project.
AME REIT aims for 100% lease renewal, targets RM100 mil acquisition to expand portfolio
AME Real Estate Investment Trust (REIT) is aiming for 100% renewal of its 12 leases expiring in the financial year ending March 31, 2024 (FY2024) to reinforce the industrial REIT’s future earnings.
DONE DEAL: Factory, Kajang, Selangor
Noteworthy:
- Freehold
- Built-up size: 2,400 sq ft
- Unfurnished
- Nearby amenities: Convenience stores, Metro Point Complex, Plaza Metro Kajang, MRT Kajang
- Accessibility: Kajang SILK highway, Kajang-Seremban highway, EKVE highway
When: May 2023
Perak Corp disposes of Perak agricultural land for RM5.5mil cash as part of regularisation plan
PN-17 status Perak Corporation Bhd is disposing of a piece of agricultural land in Perak to Kim Poh Sitt Tat Feedmill Sdn Bhd (KPSTF) for RM5.5 million cash as part of its regularisation plan.
CIDB launches IBS Homes Catalogue and IBS Homes Showhouses initiative
The Construction Industry Development Board (CIDB) has launched two initiatives under the industralised building system (IBS), which are IBS Homes Catalogue and IBS Homes showhouses to encourage adoption of IBS in Malaysia in the affordable housing landscape.
Malaysia's construction activity rises for fifth straight quarter; but seen slowing in 2Q2023
Malaysia's construction activity in the second quarter of 2023 (2Q2023) expanded for the fifth straight quarter since 2Q2022, reporting an increase of 8.1% year-on-year (y-o-y) in value of work done to RM32.4 billion, new data from the Department of Statistics Malaysia (DOSM) revealed.
