News by theedgemalaysia.com

The Malaysian REIT Managers Association (MRMA) has appointed Derek Teh Wan Wei as chairman of the association at its annual general meeting.

MBSB anticipates retail sales to moderate to 5.5% in 2026 from 6.1% a year ago, as a healthy labour market and positive income growth, including salary adjustments for the public sector, are expected to establish steady support for consumption activity.

Property developer Exsim has achieved a corporate milestone with 100% of its completed and ongoing high-rise developments now being green-certified.

ParkCity Group won two World Gold honours at the FIABCI World Prix d'Excellence Awards 2026 held in Vienna, Austria.

Malaysia's retail sales grew 3.7% in the first three months of the year compared to the same period in 2025, according to Retail Group Malaysia.

Kerjaya Prospek Group Bhd (KL:KERJAYA) has teamed up with Aspen Vision Development Sdn Bhd (AVD), a subsidiary of Singapore-listed Aspen (Group) Holdings Ltd, to develop a 34.84-acre mixed-use project in Prai, Penang, on land owned by Railway Assets Corp (RAC), expanding the construction group's exposure to the northern property market.

Tanco Holdings Bhd (KL:TANCO) tumbled on Thursday in the steepest one-day decline since the property developer’s listing 39 years ago.

IJM Land Bhd has officially commenced the scheduled vacant possession handover of its freehold Nexus Phase 1 commercial hub in Seremban 2, Negeri Sembilan. The project has achieved an overall take-up rate of 85%.

Sime Darby Property Bhd's (KL:SIMEPROP) new venture fund should generate at least RM62 million in annual attributable net profit from the second half of 2027, according to Hong Leong Investment Bank.

The sharp fall in Tanco Holdings Bhd’s (KL:TANCO) share price did not stop group managing director Datuk Seri Andrew Tan Jun Suan from buying and selling its shares.