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Sustainability a critical business issue, says survey

PETALING JAYA: Sustainability remains a key agenda item for corporate real estate (CRE) executives, with 70% viewing sustainability as a critical business issue today and 89% taking sustainability into consideration when making their location decisions, an increase from 76% in 2008, according to the third annual CoreNet Global and Jones Lang LaSalle global sustainability survey conducted in Sep

AmFirst REIT’s net profit for 2Q up 18.85%

KUALA LUMPUR: AmFirst Real Estate Investment Trust (AmFirst REIT) saw its net profit for the second quarter ended Sept 30, 2009 (2QFY2010), increase by 18.85% to RM10.35 million, from RM8.7 million a year earlier.

MBSB to expand loan portfolio to RM2b

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB), a financial institution which largely caters to government servants, is looking to grow its loan portfolio aggressively in the financial year ending Dec 31, 2010, with a focus on expanding its corporate loans business, its chief executive officer, Ahmad Zaini Othman said.

MBSB to expand loan portfolio to RM2 bil

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB), a financial institution which largely caters to government servants, is looking to grow its loan portfolio aggressively in the financial year ending Dec 31, 2010, with a focus on expanding its corporate loans business, its chief executive officer, Ahmad Zaini Othman said.

Crest Builder gets RM145.3 million contract for super-structure works

KUALA LUMPUR: Construction firm Crest Builder Holdings Bhd won a RM145.3-million contract to help build an office tower.

In a filing to Bursa Malaysia on Nov 10, its wholly-owned subsidiary Crest Builder Sdn Bhd has been awarded a contract by Khor Joo Saik Sdn Bhd for the construction of super-structure works of a 35-storey office tower on Jalan Ampang, Kuala Lumpur.

Remaining 100 units of Matahari Luxury Super Condos up for sale

PETALING JAYA: Maymont Development Sdn Bhd is opening up the remaining 100 units of its Matahari Luxury Super Condos in Desa Sri Hartamas, Kuala Lumpur, for sale to the general public after exclusive previews to international customers, investors and selected local buyers since April 2007.