Posts Tagged ‘Glomac Tower’

Higher demand for prime office buildings

Monday, March 10th, 2008

By Tim Leonard (The Edge)More forward purchases and higher benchmark prices are expected in the sale, purchase and rental of office space in Klang Valley this year. Knight Frank Malaysia’s executive director Sarkunan Subramaniam, presenting The Edge/Knight Frank Klang Valley Office Monitor for 4Q2007, says the lack of premium office space in the Klang Valley will also be a contributing factor towards the downward movement of yield compression.

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City & Country: Making a splash

Monday, March 10th, 2008

By Au Foong Yee and Allison Lee (TheEdge)

Until recent years, Kuwait Finance House (KFH) was but another foreign name that showed interest in Malaysian real estate before it moved into a mega retail and residential project – Pavilion Kuala Lumpur – in the heart of the city.KFH has established itself as a key real estate player in Malaysia through participation in various Islamic financing schemes and real estate funds, which have crossed the US$2 billion (about RM6.4 billion) mark.

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