KLIA Aeropolis carved out of KLIA operating agreement; gets long-term land lease of 99 years
The development and land lease agreements with the government of the land surrounding KLIA have been years in the making.
Lagenda Properties says 3Q net profit down 21.54%, adopts 25% dividend policy
Lagenda Properties managing director Datuk Jimmy Doh said the group’s bookings and sales momentum continued to be healthy, with unbilled sales of RM653.
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LBS Bina’s profit after tax up by 96% in 3QFYE2022
Revenue increased 108% year-on-year to RM528.
Country Heights buys office tower for RM44 mil via public auction
The property, known as The Heritage Tower @ Mines Wellness City, has a gross floor area of 29,886 sq metres and a net lettable area of about 14,167 sq metres.
Sunway REIT’s 3Q NPI jumps 82%, spurred by retail and hotel segments
Looking ahead, Sunway REIT Management Sdn Bhd — the manager of Sunway REIT — said it remains optimistic on the group’s outlook for FY2022, underpinned by strong growth in its retail segment, gradual recovery in the hotel segment and the new income contribution.
YNH to raise RM422.5 mil via disposal of two retail malls in related-party transaction
YNH announced the disposal sum of RM270.
S P Setia posts sales of RM2.7 bil, confident of hitting FY2022 sales target
Sales came mainly from local projects, which contributed RM2.
Improved property, pharmaceutical segments push Kobay’s 1Q earnings 8.2% higher
For the property development division, Kobay expects positive performance in FY23, on the back of completion of its maiden Langkawi projects by year-end.
AFZ Realty rides on EdgeProp.my to enhance its exposure
“We have learnt about how capable the portal is and the platform and tools that come with it.
Hektar REIT 3Q net property income up 77% on improved revenue, NPI margin
Hektar REIT said the Malaysian retail landscape showed steady recovery, as it inches back to the pre-pandemic levels, and this is evident across the REIT’s portfolio.
