Sime Darby Property unit JV’s first industrial development fund eyes RM850m from investors
AREA Real Estate Advisory Sdn Bhd, were appointed by Sime Darby Property’s in January 2021 to undertake the advisory services for the establishment of the Industrial Development Fund and the Transactional Platform for the Industrial Development for the project.
REIT way to go
While the battle with COVID-19 ensues, the defensive Malaysian Real Investment Trust (REIT) sector is still seen by many as an ideal alternative to many investors.
Selangor the premier investment destination
One of the most anticipated annual business events, the 5th Selangor International Business Summit (SIBS) 2021 will return with a hybrid edition at the Kuala Lumpur Convention Centre from Oct 7 to 10 this year, showcasing Selangor as a premier investment destination.
AREA -three players joined forces to build an industrial logistics hub
Sin Chew Daily Article (Mandarin) on COMPASS @ Kota Seri Langat Launch
PNB, KWEST and AREA ink JV agreement for COMPASS @ Kota Seri Langat
Permodalan Nasional Berhad (PNB), KWEST Sdn Bhd and AREA Group of Companies (AREA) have entered into a joint venture (JV) for the development of COMPASS @ Kota Seri Langat (KSL), a freehold integrated industrial and logistic hub in Selangor.
Area Logistics set to ride on strong demand
DEMAND for industrial properties, in particular mega distribution, inner-city distribution and purpose-built centres, is holding strong despite a dim outlook for Malaysia’s economy.
AREA Group inks land deal with PNB
The AREA Group of Companies (AREA) has signed a deal with PNB Development for the purchase of 212.54 acres of industrial land in Selangor