Overseas Property Investment

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

Kuala Lumpur: Pavilion Kuala Lumpur, which is expected to be the key asset of a planned real estate investment trust that is heading for a listing, will be extended. The mall, owned by Urusharta Cemerlang Sdn Bhd, now has a total built-up area of 3.68 million sq ft. Urusharta Cemerlang is 51 per cent-owned by [...]

Sources say that the assets under Pavilion Kuala Lumpur could be worth between RM4 billion and RM5 billion. Kuala Lumpur: Datuk Desmond Lim Siew Choon is preparing to list Pavilion Kuala Lumpur, in what could be Malaysia’s largest initial public offering of a real estate investment trust (REIT), sources said. While details of the REIT [...]

A 5-star desert resort slated for the lush, celebrity mecca of Tozeur is good news for the struggling Tunisian real estate market. Architectural elements in the sprawling Qatari Diar development of posh suites and luxury amenities will reflect the region’s rich history. See the following article from…

BURSA Malaysia Bhd expects an Islamic real estate investment trust (i-REIT) from the Gulf Cooperation Council (GCC) to be listed on the exchange next year, adding to its three existing i-REITS. It did not identify the issuer, but market speculation is that that it may be Qatar-listed property group Ezdan. News reports as early as [...]

PETALING JAYA: The Government’s strategic investment unit, 1Malaysia Development Bhd (1MDB) seems to be gearing up for involvement in the real estate industry judging by its large recruitment plan recently. 1MDB placed a two-page recruitment advertisement in The Star on Sept 25, mostly for senior positions within various units in the real estate team of [...]

Urusharta Cemerlang (KL) pays RM210 million, or RM7,209.80 per sq ft, to a company controlled by Singapore’s property tycoon Kwek Leng Beng for a vacant land in Jalan Bukit Bintang, Kuala Lumpur A RM2 company is the buyer of the country’s most expensive piece of land. On Wednesday, Millennium & Copthorne Hotels plc (M&C), a [...]

PETALING JAYA: A parcel of land in Kuala Lumpur’s shopping district of Bukit Bintang has been acquired by Urusharta Cemerlang (KL) Sdn Bhd at a record price of RM210mil from CDL Hotels (M) Sdn Bhd, a unit of London-based Millenium & Copthorne Hotels plc. At 29,127 sq ft, the land parcel located between Grand Millenium [...]

KUALA LUMPUR: The 27-year-old KL Plaza will be opening for business on Sunday after a refurbishment of more than RM100mil. It will be officially launched next month, mall manager Kuala Lumpur Pavilion Sdn Bhd said. Its chief executive officer for retail Joyce Yap yesterday unveiled two of the anchor tenants for the former KL Plaza, [...]

The parcel of land in Jalan Bukit Bintang could fetch more than RM3,000 per sq ft, possibly a record price for a land deal in Malaysia’s history. Singapore’s property tycoon Kwek Leng Beng is in talks to sell a parcel of land in Jalan Bukit Bintang, Kuala Lumpur, which could possibly fetch a record price [...]

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB), the agency tasked to develop most of the government land, is identifying partners to draw up a masterplan for its Bandar Malaysia and Kuala Lumpur International Financial District (KLIFD) projects in the city. Shahrol Halmi … ‘Those selected should have credible track records, be transparent and bring international experience.’ [...]