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Logos owns, develops, and leases logistics properties across Australia, China, Singapore, Indonesia, Malaysia, Vietnam, India, and New Zealand. ARA Asset Management acquired a stake in Logos in March 2020 alongside Ivanhoé Cambridge. ARA was then acquired by ESR in 2022; today, ESR is Logos' majority shareholder.
Ecoworld is selling johor land @ 3.26million per acre. UEMS's huge 7632 acres johor landbank(translated to 24 billion) ,out of which Gerbang Nusajaya (2,318 acres) near the Second Link Expressway close to Tuas Link and Fraser Metropolis in Kulai (2,500 acres) can unlock the most unimaginable opportunities for the Company and the country.....
Eco World Development Group Bhd (EcoWorld Malaysia) has proposed to sell 49.83 hectares of industrial land in Kulai, Johor Bahru, to Microsoft Payments (Malaysia) Sdn Bhd for RM402.3 million.
Wow .. UEMS's huge 7632 acres johor landbank, out of which Gerbang Nusajaya (2,318 acres) and Fraser Metropolis in Kulai (2,500 acres) ... if unlock all the johor's landbank = ?? billions. hahaha.
Singapore-listed Singtel, via its regional data centre business Nxera, is said to be in talks with Malaysian authorities to set up a data centre in Iskandar Puteri in the southern state, sources told The Edge. https://theedgemalaysia.com/node/715061
UEM Sunrise Berhad is a Malaysia-based investment holding company. The Company is engaged in providing shared services to its subsidiaries. The principal activities of the subsidiaries are property development, land trading, property investment, project procurement and management, hotel operations and investment holding. It operates through three segments: Property development, Property investment and hotel operation, and Others.
Its Property development segment development and sales of residential and commercial properties, as well as sales of lands. Its Property investment and hotel operation segment holds to earn rental income and/or capital appreciation, including hotel operation. Its Others segment includes investment holding, assets and facilities management, project management, harvesting, land leasing and others. Its subsidiaries include Sunrise Berhad, UEM Land Berhad, UEM Sunrise (Australia) Sdn. Bhd.,
The revised master plan of Gerbang Nusajaya entails the conversion of 361.2 acres of land from residential to industrial land use.
“We are expecting the industrial component to contribute more than 20% out of the total Gerbang Nusajaya gross development value potential of RM45bil,” he told StarBiz.
KUALA LUMPUR (Sept 12): Maybank Investment Bank (Maybank IB) advised investors to refocus on property stocks with solid fundamentals and proven execution capabilities amid enthusiasm around the Johor-Singapore Special Economic Zone (JS-SEZ).
The much-anticipated JS-SEZ, while still a key theme of Malaysia's property sector, has seen delays in policy details, pushing timelines back to November 2024.
KUALA LUMPUR (Sept 25): Three of UEM Sunrise Bhd’s (KL:UEMS) projects in Iskandar Puteri, Johor, with a combined gross development value (GDV) of RM499 million, have been fully taken up during their respective previews, according to a press statement issued on Wednesday.