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LONDON: Frustrated after searching for a buyer for two years, the owner of a luxury apartment overlooking London’s Hyde Park decided to rent it out for 1,500 pounds ($1,868) a night.
FIFTEEN years ago, John contemplated whether he should buy a house or rent. Then in his 40s, he decided to rent.
LONDON: Years after sweeping reform aimed at eliminating logjams in warehouses that collect rent for storing metal, a firm is preventing companies from getting material when they need it from a Malaysian port, five sources close to the matter said.
KUALA LUMPUR: The demand for office space has declined due to slowing growth with the rent-free period rising from the usual one month normally sought for renovation purposes to as high as six months, according to JLL Property Services (M) Sdn Bhd country head for Malaysia YY Lau.
KUALA LUMPUR: Glomac Bhd’s earnings for the financial year ending April 2020 is expected to improve on better leasing rates of 74% vs 45% in FY4/18 at Glo Damansara shopping mall, Maybank Investment Bank Research said.
KUALA LUMPUR: Housing and Local Government Minister Zuraida Kamaruddin called on state governments to submit their respective lists of land that will be used to build affordable housing by the end of October.
NEW YORK: Manhattan landlords are giving renters more financial incentives than ever in a bid to keep apartments from going empty while the market gets flooded with new supply.