News about industrial

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KUALA LUMPUR (July 14): Hextar Global Bhd announced that its wholly-owned subsidiary Halex Link Sdn Bhd (HLSB) completed the sale of its industrial freehold land in Johor to Plato Chemical (M) Sdn Bhd (PCSB) yesterday.

PETALING JAYA (July 13): Mature industrial areas such as Shah Alam in Selangor are to see more redevelopment activities in the near future, said Knight Frank Malaysia executive director of capital markets Allan Sim.

KUALA LUMPUR (July 11): The Construction Industry Development Board (CIDB) has allocated a total of RM70 million to implement several strategic programmes aimed at boosting the capacity and capability of construction industry players who were affected by the movement control order (MCO).

PETALING JAYA (June 30): CBRE Global Investors has completed the sale of Mitsubishi Fuso portfolio in Japan comprising 169 properties for JPY$140.

KUALA LUMPUR (May 15): MTD ACPI Engineering Bhd has bagged a RM184.

KUALA LUMPUR (May 7): London Biscuits Bhd, which is currently under liquidation, is selling seven parcels of freehold industrial land in Johor Bahru for RM70 million.

PETALING JAYA (April 30): The expansion of e-commerce may have spurred demand for warehouses/logistics-related properties but the overhang of industrial property sub-segment has seen overhang units rising since 2015.

KUALA LUMPUR (March 3): Malaysian Industrial Development Finance Bhd (MIDF) is offering financial relief to assist clients in dealing with the expected economic growth slowdown due to the COVID-19 outbreak.

Vibrant industrial activities create jobs, and in turn, demand for accommodation near the workplace, which is why industrial activities can be a major catalyst for development and the growth of the local property market.