SP Setia Bhd Group chief executive officer Tan Sri Liew Kee Sin was named the new Property Man of the Year in the 15th FIABCI Malaysia Property Award held at One World Hotel yesterday. 
The event was graced by the Sultan of Selangor, Sultan Sharafuddin Idris Shah.  
A total of nine awards were given out at […]

Atrium REIT:-
Recently, Atrium REIT (real estate investment trusts) though among the smallest in terms of market capitalisation (RM130mil), has in the past several months been enjoying quite a bit of the limelight.
Comments from AmResearch:-

Atrium yield is comparable with the larger REITs and probably by virtue of its size and focus, it is probably also more […]

Dubai-based hospitality group Almulla has launched the world’s first syariah-compliant hotel brand portfolio to cater to demand from Muslim and non-Muslim travellers. Almulla Hospitality chairman Abdulla M. Almulla in its initial launch said that:-

The hotel group plans to have 30 properties under three core brand names – Cliftonwood, Adham and Wings – by the end […]

AmanahRaya real estate investment trust (AR-REIT) has become Malaysia’s second largest REIT after Starhill REIT in terms of asset size at about RM649mil, following the injection of five new properties.[ Starhill REIT has over Rm1bil of asset size in Malaysia.]According to the manager of AR-REIT, AmanahRaya-JMF Asset Management Sdn Bhd (AJMF) managing director Datuk Mohamed […]

According to FIABCI-Malaysia honorary treasurer Yeow Thit Sang, as a result of more buildings around, this year’s contest has a whopping 45 entries compared with last year’s 39 and 30-odd in 2004.
Introduction:

This FIABCI Property Awards was initiated 15 years ago during the Asian financial crisis and the property development sector was in a “down cycle”.

An […]

Aseambankers Malaysia Bhd announced that:-

Axis REIT Managers Bhd’s proposed acquisition of a five-storey building for RM37mil will boost its asset size to RM618mil, bringing it closer to its target size of RM800mil by year’s end, This proposed buy represents its 16th property which is an office and factory in Petaling Jaya, from Wah Seong Industrial […]

In a filing with Bursa Malaysia, Atrium REIT announced it has:

has acquired an industrial building at Senai Industrial Park,Johor for RM12.5mil from Yong Jin Development Sdn Bhd.