1y ago
KUALA LUMPUR, Feb 28 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd (Manager), the manager of Lendlease Global Commercial REIT (LREIT), has announced a 13 per cent increase in the base rent for Jem office, effective Dec 3, 2024, as part of its five-year rental review.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- Coffee Star, an automated coffee kiosk provider, via its parent company Fario Holdings Sdn Bhd, has signed a strategic partnership deal with Belgium’s Puro Coffee and Saudi Arabia’s Alkeyf Ibtikar to establish a joint venture and tap growing demand in the Middle East country.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia ended the morning session lower, in line with regional peers on caution over US tariffs.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia finished the morning session lower as selling was seen in selected heavyweights led by Malayan Banking Bhd and Petronas Chemicals Group Bhd.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- The local property market is poised for steady growth in 2025, driven by sustained momentum in owner-occupier residential developments and the rise of emerging industries such as data centres and renewable energy.
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- Food and beverage (F&B) services cafe chain operator Oriental Kopi Holdings Bhd, en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM184 million through its initial public offering (IPO).
1y ago
GEORGE TOWN, Nov 20 (Bernama) -- Malaysian property developer, Eastern & Oriental Bhd (E&O) has unveiled its masterplan for its Andaman Island development project, with a gross development value (GDV) of RM60 billion.
1y ago
PUTRAJAYA, Nov 14 (Bernama) -- IOI Properties Group Bhd (IOIPG) today launched its IOI Sustain Roadmap 2030 (ISR 2030), a strategic blueprint designed to drive sustainable progress across all facets of the group’s operations, permeating through all levels of its organisation.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Managed by Lendlease Global Commercial Trust Management Pte Ltd (Manager), Lendlease Global Commercial REIT (LREIT), has posted a positive rental reversion of 11.4 per cent in its first quarter (1Q) business update for fiscal year 2025 (FY2025).
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia’s largest mall owner-operator Sunway Malls expects to garner five per cent growth this year, driven by a strong performance in the first half of 2024 and the re-opening of an asset enhancement initiative, Oasis, in Sunway Pyramid.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- Capitaland Malaysia Trust (CLMT) registered a higher net profit of RM30.23 million in the third quarter ended Sept 30, 2024 (3QFY2024) compared with RM27.78 million recorded in the same period a year ago.
1y ago
KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Real Estate Investment Trusts (M-REITs) have witnessed a positive uptrend despite the challenging global economic and geopolitical landscape this year, according to the Malaysian REIT Managers Association (MRMA).