Malaysia
UEM Sunrise exits Johor project
MALAYSIAN property developer UEM Sunrise is selling its 40% interest in a joint venture to partner KLK Land for MYR386.20 million (approximately USD$82 million), as part of its strategy to…
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Lasted Malaysia
Japan’s Daiwa House sell out of Malaysia joint venture
JAPAN’S largest homebuilder Daiwa House’s Malaysian arm has sold its interest in a property development company to its joint venture…
Battle heats up in Asia to dominate manufacturing
INDONESIA, Malaysia and Vietnam are neck and neck in a heated race to become the next global manufacturing powerhouse, with…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Kenedix acquires Fukuyama City neighbourhood…
Asia Pacific prime rents continue free fall
PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…
Korean VC shows confidence in Asia long-stay sector
SOUTH Korea’s largest venture capital, the USD$3.2 billion Korean Investment Partners (KIP) has thrown its support behind LiveIn, long-stay rental…
US manufacturer rewires supply chain with Malaysian facility
UNITED States Illinois-based electrical and network infrastructure manufacturer Panduit is fortifying its supply chain by opening a new plant in…
OUE Healthcare unlocks value in Kuala Lumpur
PAN-Asian healthcare conglomerate OUE Healthcare has sold a vacant land in the Malaysian capital for RM125.0 million. The property title…
Asia Pacific appetite for flexible workspace continues to grow
DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The…