At a press conference in conjunction with the annual general meeting here on Tuesday (April 12), Md Shah Mahmood said: "I hope it will be a good year, but I do not think it (business) will reach pre-pandemic levels.

The MoU, which was signed today, marks S P Setia’s commitment towards the country’s agenda in achieving a carbon-neutral nation by 2050.

According to the Malaysian Hospitality Investment intentions Survey released by Knight Frank, some 64% of the hotel owners, operators and owner operators survey respondents are considering increasing their exposure to the Malaysian hotel sector, a sharp hike compared with 36% in 2020.

In a statement, the REIT said it has inked a sale and purchase agreement (SPA) with Equalbase PTP Sdn Bhd (EPSB) to aquire the 1.55 mil sq ft property. EPSB is a unit of EQualbase Pte Ltd in Singapore and is in the business of developing and leasing warehouses.

In a note Monday (April 11), the research house said it sees some potential trading opportunities as sector valuations are undemanding, at 64% discount to RNAV.

In a Bursa Malaysia filing on Friday, the REIT said Amirsham, 71, will be replacing Tan Sri Ahmad Mohd Don, who is retiring from the position after helming the company since October 2016.

Jentayu Sustainables had on Thursday (April 7) entered into a conditional Sale and Purchase Agreement (SPA) with Beacon ACM Sdn Bhd for the disposal of the property, according to its bourse filing on Friday.

In a press statement, SkyWorld chief executive officer Lee Chee Seng said the platform would enable the developer to gain feedback and innovative ideas from homebuyers in pursuit of quality city living.

Under the deal, MPSB will construct the building which will be able to accommodate 94 beds of single rooms with a minimum of 300 parking bays under Phase 1 of the project.

A disruption within the real estate industry seems inevitable. As such, many will need to adapt to the advent of new technologies as well as new business models to meet the ongoing changing demands in order to stay relevant in the field.