Previndran Singhe MRICS FRISM’s Post

Here’s this week's roundup of key highlights in the Malaysian Corporate Real Estate: Retail Sector KIP REIT is acquiring DPulze Shopping Centre in Cyberjaya for RM320m, aiming to strengthen its retail assets portfolio with stable income distribution. Meanwhile, Allgreen Properties Ltd, led by Robert Kuok, repurchases a 70% stake in Johor Bahru City Square mall from GIC Real Estate, signaling its strategic move into Malaysia's retail industry ahead of the Johor Bahru-Singapore Rapid Transit System development completion. Land Acquisitions & Strategic Moves Sime Darby Property Berhad and LOGOS SE Asia Pte Ltd have closed a RM1b industrial development fund, facilitating the construction of an e-metro logistics park in Bandar Bukit Raja. Gamuda Bhd secured contracts worth RM1.74b to construct a hyperscale data centre for Sime Darby Property Bhd at Elmina Business Park, aiming to meet rising demand and expand its Next-Gen Digital IBS production capacity for data centre materials. Axis-REIT is acquiring two prime industrial properties from Cycle & Carriage Bintang Bhd (CCBB) for RM125m, leasing them back to CCBB to provide a steady rental stream and enhance its portfolio. Scientex Bhd acquired land in Seberang Perai, Penang, for RM462.5m to develop a mixed-use property project, catering to strong demand for affordably priced landed properties. Sector-specific Developments Siliconware Precision Industries Co Ltd initiates construction on its RM6b P1 plant in Penang's Bandar Cassia Technology Park, expected to create 3,000 skilled jobs and introduce advanced semiconductor technologies over 15 years. PTT Synergy Group Bhd expands into the semiconductor industry in Penang by signing a non-binding letter of intent for a build-to-suit and lease AI-driven warehouse for an undisclosed multinational corporation. Development Contracts & Launches Inta Bina Group Bhd secures a RM198.73m contract to construct residential apartments in Ara Damansara, Petaling Jaya. Pesona Metro Holdings Bhd wins a RM410.5m contract to build two 52-storey apartment blocks in Bukit Jalil. MGB Bhd secures a RM189.35m contract for a multi-phase property development project in Kuala Selangor, involving industrial terrace units and factories, to be completed within 18 months. Kerjaya Prospek Group Bhd secures a RM567.7m contract for reclamation and dredging works in Tanjung Tokong, Penang, to be completed within 40 months. For further updates, please visit https://lnkd.in/gDC3Xvr5 #zerinproperties #corporaterealestate #realestate #realtor #realty #realestateagent #home #property #luxuryrealestate #homesweethome #luxuryhomes #realestatelife #business #investmalaysia #realestateinvesting #residentialsector #retailsector #industrialsector #propertydevelopment #township #infrastructure #malaysiapropertymarket #newlaunches #infrastructure #greaterkl #iskandarmalaysia #penang

🌈📊 Embracing the Colors of Corporate Life: Insights from Holi for Finance and Accounting Professionals 📊🌈 As finance and accounting professionals, we often find ourselves navigating the intricacies of corporate life, striving for excellence amidst deadlines and targets. However, amidst the hustle and bustle, it's crucial to pause and draw inspiration from unexpected sources. This Holi, the festival of colors, offers profound lessons that resonate deeply with our professional journey. 🎨✨ 🌟 **Embracing Diversity:** Just as Holi brings people from diverse backgrounds together, our teams thrive on the richness of varied perspectives. Embracing diversity fosters innovation and collaboration, driving financial strategies forward. 🤝 **Building Relationships:** Like the bonds strengthened during Holi celebrations, cultivating meaningful connections with clients and colleagues is key. These relationships pave the way for opportunities and collaborations that elevate our work. ⚖️ **Balancing Risk and Reward:** Much like the calculated risks taken during Holi festivities, we navigate financial uncertainties with agility and foresight. Striking the right balance is essential for driving growth and managing challenges effectively. 🎉 **Celebrating Achievements:** Just as Holi is a time for rejoicing, we must celebrate our milestones and successes in the corporate world. Recognizing achievements fosters a culture of appreciation and motivates our teams towards greater accomplishments. 💡 **Fostering Creativity:** Holi's spirit of creativity inspires us to think outside the box. In finance and accounting, embracing creativity leads to innovative solutions and transformative strategies. As we immerse ourselves in the vibrant tapestry of our professional journey, let's remember the timeless wisdom of Holi: amidst the chaos, there is beauty, unity, and boundless potential. Let's infuse our corporate lives with the colors of joy, resilience, and purpose. Wishing you all a colorful and enriching Holi! 🌈🎉 #Holi #Finance #Accounting #CorporateLife #Diversity #Relationships #RiskManagement #Creativity #Achievements #Inspiration #LinkedInPost

Congrats to everyone on the 12 To Watch Under 40 list! Check out this link to learn more about what these amazing young professionals have accomplished! https://lnkd.in/gf59Mccg #americanrentalassociation #12toWatchUnder40 #RentalManagementMedia

🏆At the 1st RAST Conference, we had a chance to host, hear and spoke to Ms Sauw Kook Choy Director General at Enterprise Singapore. We discussed the challenges that companies face in adopting and implementing standards around the world. ❗️In this interview Ms Kook Choy highlighted the role that NSB’s, such as Enterprise Singapore, play in attracting professionals and the younger generation to the standardization process.🌎 🔗 More at the link below.👏 #EnterpriseSingapore #StandardizationInInnovation #RASTConference

🌐 I'm speaking at the 2024 #PRMEGlobalForum hosted by the Principles for Responsible Management Education (PRME) to accelerate Our Common Agenda with professionals and students dedicated to transforming business and management education to meet the challenges of today's age. With content in all six official UN languages, you don't want to miss it. Join me here 👉 https://lnkd.in/dUh4HdY2 . Principles for Responsible Management Education (PRME)

Do you take a break BEFORE you need it 🚨 Yesterday we had our Global Town Hall. This is more than a business update and sharing of our H2 focus. It is celebrating successes and reminding all of us that there is POWER in the pause (the brilliant Sophie Devonshire⚡️impactful reminder). This is a great time to spend time thinking about our year, individually and collectively. 3 key take aways.... 🌱 We have just 170 days left in 2024, when we reflect what do we notice? 🌱 When we celebrate our achievements what do we want to accelerate? 🌱 What do we aim to be different Dec 24 v 23, and do we have our how? The mid-year point is an important time to take stock, recalibrate and most importantly RELAX AND RE-ENERGISE. Take a break if you can and ideally before it is needed (#notetoself)

Tomorrow, Wednesday, October 23 at 1 PM PT / 4 PM ET, featured speaker Bernadette Donnelly will be talking about "𝗛𝗮𝗿𝗻𝗲𝘀𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗔𝗜 𝘁𝗼 𝗚𝗿𝗼𝘄 𝗬𝗼𝘂𝗿 𝗛𝗼𝗹𝗶𝘀𝘁𝗶𝗰 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲" at this month’s global meeting. The link to join the event will be automatically sent to all members an hour before start time. * * * * #chamberofcommerce #smallbusinessowner #supportlocal #businessgrowth #holisticliving #wellnesscommunity #sustainablebusiness #mindbodysoul

In the life of WEST HUNGÁRIA BAU Kft., the team building event held at the beginning of summer is a particularly important event every year. For the second year in a row, we have had the opportunity to organize and experience this event in Keszthely, in the unique Hotel Helikon. In the life of our company, it is of great importance, a few times a year, when our colleagues have the opportunity to replace online and formal discussions with informal and offline meetings and discussions. Although we have sites in five parts of the country and the geographical location of the construction sites also divides our employees, the collegiality, cohesion and team spirit of WEST HUNGÁRIA BAU Kft. cannot be compared to anything else. With this year's team building, our main goal was to achieve and establish effective cooperation within the group. While performing the tasks solved together, as a result of the time spent together, our colleagues gained common experiences. During the time spent together, the colleagues got to know each other better, while solving speed, skill and logic tasks. In this way, group members who rarely come into contact with each other in everyday work can also get closer to each other. Even after this year's program, we can draw the conclusion that "the session has achieved its goal". As a result of the joint programs, new collegial relationships were formed, and small, existing relationships deepened. We got to know sides of each other that would not happen in workplace communication. The team-building tasks carried out together brought the Colleagues together. The importance of team building is unquestionable. Joint programs make an important contribution to group cohesion. We believe that the WHB team building day held in Keszthely on June 7, the useful professional programs in the morning, the playful tasks in the afternoon and the informal party in the evening gave us all a recharge for busy weekdays and the rest of the year. #whb #whbgroup

Have you registered for the EOA Summer Party yet? This event is open to the public and we are so excited about getting everyone together in person again to mingle and talk all things employee ownership, with some incredible speakers and after-work beverages to enjoy.   Following an update speech from Graeme Nuttall and Andrew Clements, addressing global EO developments and the Australian context, our first panel will look at the GEO Global Rankings Study and Australian’s position (and aspirations for climbing the ladder). Our second panel will turn to more practical tips & tricks for Australian companies and advisers to be aware of as we wrap up the local reporting and AGM seasons, and reflect on where we are in practice with the regime changes introduced in the past couple of years. Topics we’re particularly interested in right now include: · 2024 ESS reporting wrap-up · Recent ATO activity around deductibility of recharges · The ATO sharing data with state authorities, issues cropping up as a result and how to tackle them · Studies indicating that the perceived value of share-based payments is lower than the economic value - why and how can we address this? · Similarly, what is the current appetite for broad-based share plans - both for issuers and their employees? · Trends around efficient structuring and tax optimisation of ESS, e.g. loan-funded share plans; premium-priced option plans; start-up option plans   Panels will be short and sharp to allow time for some relaxed networking at the conference, so we won’t get through all of the hot topics and trends but we’ll do our best and be guided by the audience! Please feel free to let us know, in advance or during the session, if there’s anything you would particularly like us to cover.   Register for Melbourne or Sydney event through this link: https://lnkd.in/gh9_SgwX 🎉🍸🍹Melbourne - 5.30-7.30pm Tuesday, 26th November 2024 (Level 21/333 Collins Street, Melbourne)   🎉🍸🍹Sydney - 5.30-7.30pm Thursday, 28th November (Chifley Tower, Level 24/2 Chifley Square, Sydney)