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Country Heights plans asset-backed cryptocurrency

PETALING JAYA: Loss-making property developer Country Heights Holdings Bhd plans to issue an asset-backed cryptocurrency, which will used mainly as an utility or reward token with the company’s services or product offerings.

Hektar CEO: Understanding the market is the way to success

IN light of the sluggish property market currently, retail-focused Hektar Real Estate Investment Trust (Hektar REIT) is concentrating on improving the malls within its portfolio to adapt to the changes in the industry and remain competitive.

Golden win: Hisham (left) receiving the Gold Award under the ‘Retail REIT’ category at the Asia Pacific Best of The Breeds REITs Awards 2018.

Leasing challenge for TRX

New KL development to take on rising supply of office space when it’s ready

Asking price: The initial asking rent of RM17 per sq ft sought by Exchange 106 may come down to between RM11 and RM12 per sq ft. However, Lombardo (pic, below) is keeping mum on his asking rent for the Lifestyle Quarter.

Office space take-up rate drops with O&G downturn

This is the first of a two-part series. Jones Lang Wootton’s in-house research indicates that the annual net office take-up in the Klang Valley in 2016 and 2017 was 1.25 million sq ft and 0.57million sq ft respectively.

MIDF expects strong final quarter for Eco World

KUALA LUMPUR: Eco World Development Group's 9MFY18 core net income of RM98.7mil came in within MIDF Research's expectations despite making up only 61% and 57% of its and consensus full-year estimates.

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