Experts see diverse performance across the globe
SEVERAL real estate markets across the globe grew this year, albeit at a slower pace.
Development plan is for adjoining land, ashram unaffected, say trustees
KUALA LUMPUR (Dec 31): It was never our intention to demolish or build over the Vivekananda Ashram, but to develop the adjoining land, says trustee R Sri Skanda Rajah.
Analysts say price for Intermark Mall purchase fair
KUALA LUMPUR (Dec 31): Analysts say Pavilion Real Estate Investment Trust (Pavilion REIT) is paying a fair price for Intermark Mall here, given that the commercial asset comes with a freehold strata title and is located on the fringe of the Golden Triangle.
Pavilion REIT makes another acquisition after three months
Pavilion Real Estate Investment Trust (Dec 30, RM1.
Ayala Land MGO is unlikely, says MCT
SHAH ALAM (Dec 21): MCT Bhd has dismissed the concerns of certain factions about a possible mandatory takeover by its single largest shareholder Ayala Land Inc after the latter raised its stake in the company to 32.
The Babylonian buildings of sustainability
One of the most heated discussions of our age is climate change.
Penang seeks waiver of confidentiality clauses in land reclamation deals
KUALA LUMPUR (Dec 18): The Penang government is seeking the consent of two major development companies to waive the confidentiality clauses in land reclamation agreements signed with the previous Barisan Nasional administration.
Anzo calls off property deal
KUALA LUMPUR (Dec 17): Anzo Holdings Bhd has mutually agreed with vendor Datuk Lim Thiam Huat to terminate a sale and purchase agreement (SPA) to acquire a RM7.
MPCorp sees Iskandar project as key to turnaround
KUALA LUMPUR (Dec 17): Malaysia Pacific Corp Bhd (MPCorp) expects its upcoming residential project within Taman Nusa Damai in Iskandar Malaysia, Johor, which has a gross development value of RM204 million, to help pull it out of its loss-making position.
