4m ago
KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.
4m ago
GEORGE TOWN, Aug 2 (Bernama) -- Penang continued to cement its status as a global business and technology hub with the official launch of “GBS By The Sea”, a landmark RM296 million development located in Technoplex Bayan Lepas.
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LABUAN, June 25 (Bernama) -- Labuan’s largest mixed development developer, Financial Park (Labuan) Sdn Bhd, is breathing new life into the long-vacant Block 5 Tower by transforming it into a modern office building, in a move expected to enhance the island’s commercial property offerings.
6m ago
KUALA LUMPUR, June 24 (Bernama) -- IGB Real Estate Investment Trust (IGB REIT) has proposed to acquire The Mall, Mid Valley Southkey (MVS Mall) in Johor Bahru for RM2.65 billion.
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KUALA LUMPUR, June 10 -- Paradigm Real Estate Investment Trust (Paradigm REIT), a local real estate investment trust, plans to acquire three hotels and a commercial gateway over the next three years.
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KUALA LUMPUR, June 10 (Bernama) -- Maybank Investment Bank Bhd expects catalysts, such as asset recycling and new acquisitions, to support the Real Estate Investment Trust (REIT) sector in the second half of 2025 (2H 2025), as management across the sector maintains a cautiously optimistic outlook.
7m ago
PORT KLANG, May 20 (Bernama) -- Port Klang Free Zone (PKFZ), Malaysia’s premier integrated commercial and industrial free zone, unveiled the PKFZ 2.0 masterplan today, a bold new vision for a future-ready and smart zone.
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KUALA LUMPUR, May 20 (Bernama) -- Aeon Co (M) Bhd’s net profit for the first quarter (1Q) of 2025 rose 18 per cent to RM68.10 million from RM57.39 million a year earlier, supported by seasonal spending uplift from the double festive celebrations within the quarter.
9m ago
BANGI, March 20 (Bernama) -- IOI Properties Group Bhd (IOIPG) has unveiled Bangi Fresco, the next evolution of its signature Bandar Puteri Bangi township, further elevating the lifestyle landscape of Klang Valley South with a dynamic new retail hub.
9m ago
KUALA LUMPUR, March 15 (Bernama) -- Hextar World at Empire City is set to launch in the fourth quarter of 2025 (4Q 2025), with its recent tenant-signing ceremony bringing together major retailers and business partners to celebrate the development.
9m ago
By Abdul Hamid A Rahman
This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants.
9m ago
KUALA LUMPUR, March 5 (Bernama) -- Aeon Co (M) Bhd has entered into a memorandum of understanding (MOU) with Pacific Trustees Bhd, the trustee of KIP Real Estate Investment Trust (KIP REIT) for the expansion of Aeon Mall Kinta City in Perak.