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CANBERRA: Australia will ease access restrictions on the world's largest weapons test range in the remote outback - an area larger than England - to unlock an estimated $35 billion in untapped mineral resources, with legislation for the change unveiled on Thursday.
NEW YORK: Investment firm Ares Management will acquire AREA Property Partners, gaining the New York-based real estate investor's US$6 billion in assets, the Wall Street Journal reported, citing people briefed on the matter.
KUALA LUMPUR: Area Management Sdn Bhd has agreed to purchase 86ha freehold industrial land from PNB Development Sdn Bhd for RM320mil to build an integrated industrial logistics hub in Kota Seri Langat, Selangor.
Atrium REIT, slated as the country's first industrial asset-focused real estate investment trust (REIT), aims to have assets with a net lettable area of one million sq ft within two years.
THE creation of an Asean-China Free Trade Area (ACFTA) would create market opportunities and challenges for both Asean and China but to complement China, Asean would first have to put its own house in order, Asean-Chambers of Commerce and Industry, Myanmar president Pyone Maung Maung said.
MRT Co chief executive officer Datuk Azhar Abdul Hamid says the location of an MRT station in Bukit Bintang Plaza (BB Plaza) will invigorate and transform the entire Bukit Bintang area.
RIO DE JANEIRO: The area planted with soybeans in Brazil for the 2018/2019 season could grow 3 to 5 percent depending on how the world's top soy exporter fares in a U.S.-China trade dispute, an executive at Corteva Agriscience said on Monday