YNH to sell AEON Mall Seri Manjung to Sunway REIT for RM138m
YNH Property Bhd (KL:YNHPROP) is disposing of a two-storey shopping centre, AEON Mall Seri Manjung in Perak, to Sunway Real Estate Investment Trust (KL:SUNREIT) for RM138 million.
KIP REIT's 2Q net property income up 29% bolstered by newly acquired retail assets
KIP Real Estate Investment Trust (KL:KIPREIT) posted a 28.9% rise in net property income (NPI) for the second quarter on better performance of its malls, bolstered by newly acquired retail assets, Cyberjaya mall D’Pulze and Perak hypermarket TF Value.
UOA REIT's 4Q rental income rises 8.5% on improved occupancy, declares 3.24 sen DPU
UOA Real Estate Investment Trust (KL:UOAREIT) posted a 8.55% increase in net rental income for the fourth quarter on improved occupancy.
Mah Sing buys RM32m land for third project in Sentul
The new project marks Mah Sing’s third development in Sentul and is estimated to carry a GDV of RM283 million.
Maxland inks deal with GDC Data for data centre development collaboration
Under the deal, GDC Data will acquire a 49% stake in Maxland Real, which is to serve as the joint-venture company for the collaboration.
Sime Darby Property to partner Singapore's YCH Group to develop logistics hubs in SEA
Sime Darby Property Bhd (KL:SIMEPROP) is joining hands with Singapore-based YCH Group, a supply chain solutions outfit, to develop logistics hubs in Malaysia, Vietnam and other Asean markets.
AI and data centres to transform future of energy systems, says MD of World Economic Forum
As the world transitions into what the World Economic Forum (WEF) described as the "intelligent age", artificial intelligence (AI) and data centres are emerging as pivotal drivers of technological and energy system transformation.
Urban Renewal Act a top priority, says Housing and Local Govt Ministry
The Housing and Local Government Ministry (KPKT) said its primary focus in 2025 will be tabling the Urban Renewal Act (URA) to redevelop dilapidated urban areas.
TNB: Data centres 'best customers' for infrastructure investment
Tenaga Nasional Bhd (TNB) (KL:TENAGA), Malaysia's largest utility company, views data centres as highly attractive customers for its infrastructure projects, offering excellent returns on investment (ROI).
KLCCP’s unit upsizes sukuk programme to RM2 bil, issues RM600 mil sukuk
KLCC Property Holdings Bhd’s (KLCCP) (KL:KLCC) wholly owned unit Suria KLCC Sdn Bhd has upsized its sukuk murabahah programme to RM2 billion from RM600 million.
