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PURPOSE built student accommodation (PBSA) or student property in the UK is an attractive investment as it offers an annual net yield of between 7% and 9% after outgoings, says Cornerstone International Properties director Virata Thaivasigamony.
KUALA LUMPUR: The soft market sentiment is not hindering Courts Asia Ltd, one of South-East Asia’s leading electrical, IT and furniture retailer to embark on a nationwide rebranding exercise in Malaysia. The Singapore-listed company that more than doubled its net profit for the second quarter ended Sept 30, on higher sales in Malaysia and sales contribution from new stores in Indonesia, has set aside RM15mil to refurbish 15 outlets here.
SHELL Malaysia announced yesterday that senior operations manager Raja Ahmad Murad Raja Bahrin has been appointed to the Shell Refining Company (FOM) Bhd board of directors.
SINGAPORE: London commodities broker Marex Spectron is in talks to buy the metals storage unit owned by JPMorgan Chase & Co., the Times of London reported.
KOTA KINABALU: Education is slated to be the next big thing for conglomerate DRB-Hicom Bhd which has pumped about RM350mil into its International College of Automotive (ICAM) in Pahang.
LONDON: Manchester United dominated Europe's transfer activity as the transfer deadline window slammed shut on Monday, manager Louis van Gaal taking his summer spending spree to more than 150 million pounds.