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KL Metro Group marks topping out of Imperial Lexis KL and Grandview Residence

The single tower 53-storey mixed-use development project has a total gross floor area of 3,700 sq m (about 40,000 sq ft), with a height of 231 meters (about 2,500 sq ft). Imperial Lexis Kuala Lumpur features a private pool in each of its 275 suites, and is from Levels 13 and above, while Grandview Residence has 164-unit luxury residences from Levels 36 to 49. Both Imperial Lexis KL and Grandview Residence will be managed by Lexis Hotel Group.

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Sime Darby Property, LOGOS Property JV achieves first close of US$250 mil development fund

The joint venture (JV) of Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd (LOGOS Property), SDPLOG, on Friday announced the first close of its first US$250 million industrial development fund, which will go towards the development of sustainable and integrated modern logistics facilities with green building certification at its E-Metro Logistics Park in Bandar Bukit Raja, Klang.

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Risks and opportunities in proptech adoption

“The nature of proptech is such that its solutions are end to end. Functional silos often seen in many real estate companies constrain the end-to-end solutions that proptech has to offer. A single solution may require multiple stakeholders to agree,” said EdgeProp’s Ong.

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