According to OUE REIT on Dec 20, it plans to divest its 91.2% stake in Lippo Plaza Shanghai for RMB 1.92 billion ($357 million) and at an agreed property value of RMB 1.68 billion.
10 most expensive homes sold in Lebanon County, Dec. 16-22
A house in North Londonderry Township that sold for $495,000 tops the list of the most expensive residential real estate sales in Lebanon County in the past week.
Israel targets homes in southern Lebanon in latest violations of cease-fire
The Israeli military targeted and demolished homes in southern Lebanon on Sunday in the latest violations of a cease-fire that began on Nov. 27. The number of violations by the Israeli military has …
UAE real estate market thrives in 2024; sets the stage for a strong 2025
The UAE’s real estate market is set to enter 2025 on a high note, driven by record-breaking transactions, rising property values, and robust investor interest. UAE real estate market thrives in 2024; …
Dubai developers escalate efforts to sell properties to rich Chinese, seeing ‘huge potential’ in sales
DUBAI: Developers in Dubai are ramping up their efforts to sell properties to wealthy Chinese, seeing “huge potential” behind growing demand from buyers who are lured by a golden visa programme, …
UAE offers five-year residency visa: All details here
The UAE has introduced a 5-year residency visa for expatriates aged 55 and above. To qualify, retirees must meet specific criteria such as property ownership, savings, or monthly income. The visa is …
After KLCC Property’s denial, parent firm confirms takeover of Bandar Malaysia land
KUALA LUMPUR, Dec 23 — An investment arm of Petroliam Nasional Bhd (Petronas), KLCC (Holdings) Sdn Bhd (KLCCH), announced today that it had agreed to buy 486 acres of land from Bandar Malaysia Sdn Bhd …
Johor sees uptick in Q3 home sales, but experts advise caution amid ample supply
Johor continues to record some of the highest property overhang levels in the country. Read more at straitstimes.com.
KLCC Holdings, not Property, buys Bandar Malaysia
KLCC (Holdings) Berhad (KLCCH) has purchased 486 acres of Bandar Malaysia land – the entire size of the project – for an undisclosed price. The deal was reportedly signed with Bandar Malaysia Sdn Bhd …
KLCC Property denies RM10b purchase of Bandar Malaysia land, as Escape theme park plan cancelled by Singapore operator
KLCC Property Holdings Berhad (KLCCP) has today denied news reports claiming that it is buying the Bandar Malaysia land for over RM10 billion. “KLCCP wishes to inform that we are not a party to this …