(The Edge Property, 28/06/2016)
Check out updates on top property news and information about property in Malaysia. All is effective property news for investment decision. This covers all types of property and land transactions, Property Market, Property Investment, Real Estate, Retail Shop Malaysia, Condominium Malaysia, Houses Malaysia and all others property related matters in Malaysia.
Wednesday 13 July 2016
Ideal Sun City to buy commercial buildings for RM50 million
Penang-based Ideal Sun City Holdings plans to invest RM50 million to acquire commercial buildings in Penang, Kuala Lumpur and Selangor. Currently, the group has 58 units of stratified properties in Penang and 12 light industrial units in the Klang Valley. It is also pursuing a mixed development project in Selangor.
(The Edge Property, 28/06/2016)
(The Edge Property, 28/06/2016)
Mapletree Logistics Trust to acquire Shah Alam warehouse for RM160 million
Mapletree Logistics Trust (MLT) is acquiring a warehouse facility in Malaysia (Mapletree Shah Alam Logistics Parks) at a price of RM160 million from Mapletree Investments. The 3 blocks of single-storey multi-tenanted warehouse with mezzanine offices, has a total gross floor area about 60,905sm and is designed with modern building specifications. It offers net property income yield of 7.5%.
(The Edge Property, 29/06/2016)
(The Edge Property, 29/06/2016)
Wednesday 11 May 2016
Prasarana eyes potential REIT spin-off
Prasarana Malaysia Bhd is looking at spinning off some of its assets into real estate investment trust (REIT) and pares down its debt. Prasarana currently owns and operates two light rail transit (LRT) lines – Kelana Jaya and Ampang, the KL Monorail line, as well as the Rapid KL bus services including Bus Rapid Transit-Sunway Line, Rapid Penang and Rapid Kuantan.
(The edge property, 01/04/2016)
(The edge property, 01/04/2016)
Subscribe to:
Posts (Atom)