Editor's Pick

KIP REIT appoints co-founder Eric Ong as MD

KIP Real Estate Investment Trust (REIT) has appointed its co-founder and executive director Datuk Eric Ong Kook Liong as managing director, a position that had remained vacant since Datuk Chew Lak Seong’s death in June last year.

Sunway REIT 2Q net profit 122% higher at RM74.51 mil

Sunway Real Estate Investment Trust’s (Sunway REIT) net profit widened to RM74.51 million in the second quarter ended June 30, 2022 (Q2 FY2022) from RM33.52 million a year earlier contributed mainly by the sharp improvement in the retail segment.

Malaysia's data centre market remains strong, says JLL

The data centre market in Malaysia, which was a rising trend last year, is expected to witness steady growth in the upcoming years, according to real estate service firm JLL in a webinar titled "Data Centre as the New Real Estate Deal" held on Thursday (Aug 18).