News by M

OCR Group Bhd (KL:OCR) said the group is suing Kumpulan Jetson Bhd (KL:JETSON) over alleged breaches of a RM88.03 million contract to build four blocks of serviced apartments in Jalan Yap Kwan Seng, Kuala Lumpur.

Gamuda Land Bhd, the property arm of Gamuda Bhd (KL:GAMUDA), has taken over the management and operations of Paya Indah Discovery Wetlands at Gamuda Cove, Kuala Langat.

Rehda Institute unveiled the third edition of its Strata Management Handbook titled Comprehensive Guide to Strata Living in Malaysia, highlighting sustainability, with sustainable real estate insights from GreenRE Sdn Bhd. The first two editions were published in 2018 and 2019 respectively.

To celebrate World Town Planning Day, the Malaysian Institute of Planners (MIP) will host its annual National Planning Congress (NPC) 2024 on Oct 29 in Putrajaya.

Sime Darby Property Bhd (KL:SIMEPROP) has announced that the first stage of its XME Business Park 2 at its Nilai Impian township in Negeri Sembilan has been fully taken up during a preview held on Aug 29, according to a press statement on Friday.

M&M Ventures Holdings Sdn Bhd, through its affiliated company M&M Construction Sdn Bhd, has announced the development of its maiden venture retail park project next to ICC Pudu in Kuala Lumpur.

The total sum for the proposed disposal of Kuchai Development Bhd’s (KL:KUCHAI) assets and liabilities to Sungei Bagan Rubber Company (M) Bhd (KL:SBAGAN) has been revised lower following the exclusion of an agricultural land parcel in Semenyih, Selangor.

Atlan Holdings Bhd (KL:ATLAN) said its indirectly owned units, Cergasjaya Sdn Bhd and Cergasjaya Properties Sdn Bhd (CPPA), have received notices for the compulsory acquisition of their lands in Bukit Kayu Hitam, Kedah, for a road construction project.

Tropicana Gardens, an integrated and transit-oriented development (TOD) at Tropicana Indah, celebrated a 100% take-up and a topping event for Edelweiss Serviced Residences, SOFO and Shoppes today.

Maybank Investment Bank Bhd (Maybank IB) has upgraded its rating for the domestic real estate investment trust (REIT) sector to “positive”, as it is expected to see better earnings growth on the back of sustained occupancy and rental rates, coupled with new asset injections.