S P Setia partners TNB to promote solar energy in its developments
The MoU, which was signed today, marks S P Setia’s commitment towards the country’s agenda in achieving a carbon-neutral nation by 2050.
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Knight Frank: 64% of hotel owners looking to increase exposure in Malaysia
According to the Malaysian Hospitality Investment intentions Survey released by Knight Frank, some 64% of the hotel owners, operators and owner operators survey respondents are considering increasing their exposure to the Malaysian hotel sector, a sharp hike compared with 36% in 2020.
Axis REIT buys warehouse in Johor for RM390 mil, its largest acquisition to date
In a statement, the REIT said it has inked a sale and purchase agreement (SPA) with Equalbase PTP Sdn Bhd (EPSB) to aquire the 1.55 mil sq ft property. EPSB is a unit of EQualbase Pte Ltd in Singapore and is in the business of developing and leasing warehouses.
Sime Darby Property, LOGOS SE Asia JV company secures preliminary commitments of 50% for first close of its Industrial Development Fund
According to a press statement on Monday (April 11), SDPLOG will focus on investing and developing high-quality industrial and logistics real estate assets, such as E-Metro Logistics Park at Bandar Bukit Raja in Klang, Selangor.
Property sector to benefit from re-opening of economy, says RHB IB
In a note Monday (April 11), the research house said it sees some potential trading opportunities as sector valuations are undemanding, at 64% discount to RNAV.
Sunway REIT appoints former Maybank CEO Amirsham Aziz as new chairman
In a Bursa Malaysia filing on Friday, the REIT said Amirsham, 71, will be replacing Tan Sri Ahmad Mohd Don, who is retiring from the position after helming the company since October 2016.
Tropicana’s Aster Heights in Tropicana Uplands fully taken up
The achievement comes as home seeker and international investor interest rise with the reopening of economic sectors and borders, pointing the way to brighter prospects for property in the year ahead.
Jentayu Sustainables plans to dispose leasehold industrial property in Petaling Jaya for RM19.99m
Jentayu Sustainables had on Thursday (April 7) entered into a conditional Sale and Purchase Agreement (SPA) with Beacon ACM Sdn Bhd for the disposal of the property, according to its bourse filing on Friday.
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SkyWorld Development launches SkyCraft, a platform where homebuyers involves in the home making process
In a press statement, SkyWorld chief executive officer Lee Chee Seng said the platform would enable the developer to gain feedback and innovative ideas from homebuyers in pursuit of quality city living.
TDM inks HoA for proposed construction, leasing of hospital in Kota Bharu
Under the deal, MPSB will construct the building which will be able to accommodate 94 beds of single rooms with a minimum of 300 parking bays under Phase 1 of the project.
