in a filing with Bursa Malaysia, the industrial property-focused REIT said the placement involves issuing up to 40.93 million new units (representing up to 20% of the REIT’s total issued units) to third party investors, while the special issuance involves issuing 20 million new units to Chan.
Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd's (LOGOS Property) joint venture — SDPLOG — has unveiled plans with the commencement of groundwork for its maiden asset E-Metro Logistics Park in Bandar Bukit Raja, Klang, Selangor.
Tropicana Corp Bhd saw RM524.2 million in property bookings and RM10.7 million in retail sales at Tropicana City Mall with its Multi-Million Mania campaign, which ran from Jan 21 to June 17 this year.
There seems to be an ongoing attempt at circumventing the Federal Court decision –through invoking a different provision in the HDA to allow the authorities to again extend the deadline for delivery of vacant possession or move the goalposts, thereby denying the house buyers their rights to receive their houses on time as stipulated in the sale and purchase agreements, and correspondingly their rights to receive liquidated ascertained damages (LAD) for such delays.
Noteworthy:
When: March 2022
"Amid the positive growth prospects for the Malaysian economy, the MPC decided to further adjust the degree of monetary accommodation. This is consistent with the MPC’s view that the unprecedented conditions that necessitated a historically low OPR have continued to recede," BNM said.
According to Tong, the expo will offer a wide range of properties, from affordable housing units to high-end/premium units. “This is an opportunity for everyone and we strongly encourage people who are still looking to buy properties to come to the expo, as properties can be a good hedge against inflation because property values over time tend to stay on a steady upward curve.”
In a statement on Tuesday (July 5), Battersea Power Station Development Company (BPSDC) chief executive officer Simon Murphy said the company is now working with the retail and leisure brands as they fit out their spaces ahead of the opening of the building to the public for the first time in autumn.
In a Bursa Malaysia filing on Wednesday (July 6), the group said its 70%-owned subsidiary Lestari Duta Sdn Bhd and Mujur Sinarjaya Sdn Bhd had entered into a sales and purchase agreement with Aspen Bell Avenue Sdn Bhd on Jan 27.
How do real estate agencies retain their talents, grow their team members and be a sustainable agency that will make it far? Heads of six prominent real estate agencies share wiith EdgeProp their thoughts.
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