News: denmark property investment

The most recent denmark property investment news from a variety of international property news sources.

New lease of life for prime site in KL

A mixed development project has been proposed for the site located directly across The Renaissance Kuala Lumpur and next to the Sunway Tower.
The developer of an abandoned hotel project at the junction of Jalan Sultan Ismail and Jalan Ampang in Kuala Lumpur has submitted a new proposal for a mixed development project on the site, [...]

SunCity plans RM800m office towers

Sunway City plans to inject the three office towers into its real estate investment trust
Sunway City Bhd (SunCity) will launch three office towers worth some RM800 million in Kuala Lumpur and within the Sunway Integrated Resort in Selangor.

The group plans to subsequently inject them into its real estate investment trust (REIT).
The property in Kuala Lumpur [...]

SunCity plans to inject assets into REIT

(From left): Kuala Lumpur mayor Datuk Ahmad Fuad Ismail signs his name while Tan Sri Jeffrey Cheah and Ngeow Voon Yean look on at the launch of Sunway City Bhd’s Sunway Tower.
KUALA LUMPUR: Sunway City Bhd (SunCity) may inject Sunway Towers at Jalan Ampang and Sunway Hotel Seberang Jaya in Penang into its RM4bil real [...]

‘SunCity faces challenge in selling high-end units’

Property developer Sunway City Bhd (SunCity) faces a great challenge to sell a massive stock of RM1.2 billion houses, particularly the high-end projects in Mont Kiara and Bandar Sunway where sales have been slow, AmResearch says.
The group is aiming for RM330 million in residential sales this year but has so far achieved only RM130 million, [...]

City Ranking Of Worldwide Living Costs 2009

Mercer’s latest Cost of Living Survey for Worldwide Cities has seen some changes from last year. In a flash overview, Tokyo is now officially the world’s most expensive city to live in for expats. Johannesburg is the cheapest. The top ten are dominated by European and Asian cities, while a major reshuffle took place thanks [...]

World housing market showing signs of recovery

KUALA LUMPUR: The world’s housing markets are showing signs of recovery, with seven countries having emerged from the house price slump, according to Global Property Guide.
After experiencing declines in 2008, house prices in China, Portugal, Australia, New Zealand, France, Sweden and Hong Kong rebounded during the latest reported quarter, 2Q 2009.
In its survey of world-wide [...]

TSI to reap stronge arnings from abroad

TSI Holdings Sdn Bhd, a construction and property company controlled by Tan Sri Ibrahim Mohamed, expects revenue for the current year to match the RM180 million it posted last year, helped by strong overseas earnings.

Ibrahim, who controls 75 per cent of TSI, grew to prominence in 2007 after he sold Wisma Denmark office block along [...]

Asian iconic structures to feature at Legoland in Johor

JOHOR BARU: Legoland Park Malaysia in Iskandar, Malaysia, will have miniature replicas of iconic buildings and structures across the region.
The US$200mil park, to be completed in 2012 on a 23ha site, is a joint venture between Merlin Entertainments Group and Iskandar Investment Bhd.

Legoland model designer Elizabeth De Silva (left) with Tim Burnel shorlisting candiates in [...]

Swedish Ski Investment Opportunities

Often considered too remote or perceived as too expensive, Sweden rarely features in a property investment portfolio. However, with an average property price of €155,000 in Q4 2008, Europe’s 4th largest country may be worth considering.
Those in search of a lifestyle investment may want to take a look at Sweden’s ski resorts. While perhaps not [...]

Investing In Denmark Real Estate

The Northern European country of Denmark saw real estate prices continue to fall in the first quarter of 2009. On the plus side, Denmark has a strong mortgage system with strict lending policies — borrowers remain liable for the loan in the event of default. On the negative side, government policies…