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Property

Penang govt approves six projects for workers’ accommodation

BUKIT MINYAK: The state government has so far approved six projects for the development of purpose-built workers’ accommodation in Penang.

Property

Mah Sing and Dutch institute ink pact to provide student accommodation

ISKANDAR PUTERI: Mah Sing Group Bhd has inked a memorandum of understanding (MoU) with the Netherlands Maritime Institute of Technology (NMIT) to provide fully-furnished accommodation for the institute’s students.

Property

Student accommodation investment hype in the UK

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.

Business

Sentoria to increase accommodation capacity in Bukit Gambang Resort

KUALA LUMPUR: Sentoria Group Bhd is set to increase its accommodation capacity in Bukit Gambang Resort City (BGRC) by the third quarter of 2012.

Corporate News

KWAP buys two UK student accommodation buildings for RM280m

KUALA LUMPUR: The Kumpulan Wang Persaraan (Diperbadankan) (KWAP) bought two purpose-built student accommodation buildings in the UK for a total of £39.75mil (about RM280mil).

Corporate News

MyEG to diversify to cover foreign workers accommodation

KUALA LUMPUR: My EG Services Bhd (MyEG) has proposed to diversify its existing principal activities and its units to include the foreign workers accommodation programme (FWAP).

Property

Demand for alternative accommodation picking up

MAN’S search for the new and unique is never ending. It goes beyond the four walls into space travel. Neither their pursuit for gains and rewards.

Business

Canada needs accommodation on foreign investment

OTTAWA: Canada needs to accommodate foreign investment in its resource sector, Finance Minister Jim Flaherty said on Thursday as the government reviews a $15.1 billion takeover bid by China's CNOOC for oil and gas producer Nexen Inc.

Corporate News

i2M, Mah Sing ink strategic partnership on accommodation in Iskandar Puteri

ISKANDAR PUTERI: i2M Ventures Sdn Bhd (i2M), a wholly-owned subsidiary of Khazanah Nasional Bhd, has signed a strategic partnership with Mah Sing Group Bhd to provide accommodation to companies operating in Medini Iskandar, Johor.

Property

Mah Sing to provide accommodation to students in Educity

KUALA LUMPUR: Mah Sing Group Bhd has partnered with EduCity Iskandar Malaysia Sdn Bhd (Educity) to become the first external accommodation provider for students at its Meridin @ Medini Executive Suites in Iskandar Puteri, Johor.