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Qatar's real estate market faces reality check ahead of World Cup

DOHA/DUBAI (Reuters) - Qatar's Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in 2012 amid a Gulf-wide real estate boom, but today about half of its 46 floors are empty.

Qatar wealth fund to sell entire Veolia stake worth US$640mil

DUBAI: Qatar’s sovereign wealth fund is selling a stake worth about US$640mil in Veolia Environnement SA, months after reducing holdings in Credit Suisse Group AG and Rosneft PJSC.

Explainer - Was the sale of the U.S. embassy in London a 'bad deal' done for peanuts?

LONDON (Reuters) - U.S. President Donald Trump cancelled a trip to London scheduled for next month to open a new embassy, blaming Barack Obama for selling off the old one for "peanuts" in a bad deal.

Trump cancels Britain trip, blames Obama for 'peanuts' London embassy deal

LONDON (Reuters) - U.S. President Donald Trump cancelled a trip to London scheduled for next month to open a new embassy, saying he did not want to endorse what he understood was an Obama-era decision to move out of the old one.

UOB Kay Hian sees minimal risk with KLCC Property’s office portfolio

PETALING JAYA: The risk of office space vacancy within KLCC Property Holdings Bhd’s (KLCCP) portfolio is very minimal, according to UOB Kay Hian Research (UOBKH).

A Shangri-La for Dayabumi

KLCCP Stapled Group plans to build 540-room hotel and 60-storey office tower

Cititower signs RM3.2bil Islamic financing

PETALING JAYA: CIMB and Maybank’s respective investment banking arms, CIMB Investment Bank Bhd (CIMB) and Maybank Investment Bank Bhd (Maybank IB), have entered into an agreement with Cititower Sdn Bhd for a 20-year RM3.2bil syndicated Islamic term financing (ITF).

Three new towers in KLCC

PETALING JAYA: Plans to develop three new high-rise buildings near the Petronas Twin Towers in the Kuala Lumpur City Centre (KLCC) are speeding up, with tender documents for sub-works to be issued in a few months, according to sources.

Pantai Pandak picked for RM300mil resort

KUALA TERENGGANU: Pantai Pandak, the beach in Cendering here where the epic Hikayat Merong Mahawangsa was filmed, is set to be the location of a five-star resort.

More upscale hotels to open

PETALING JAYA: Malaysia is attracting more upscale international hotel names with the scheduled opening of a number of new properties in the country in the next few years.