renewal

Malaysia remains committed to urban renewal agenda

PUTRAJAYA: Malaysia continues to focus on the urban renewal agenda to make the country greener, smarter and more sustainable in line with the Sustainable Development Goals (SDG) Agenda 2030, Local Government Development (KPKT) Minister Nga Kor Ming (pix) said. Nga highlighted this in his national statement at the 8th Asia-Pacific Urban Forum (APUF8) organised by the United Nations (UN) and being held...

Special urban renewal law will be introduced

PUTRAJAYA: The Ministry of Local Government Development (KPKT) is in the midst of preparing a new law specifically related to urban renewal, said its Minister, Nga Kor Ming (pix). He said that currently, urban renewal is implemented through nine existing laws, with legislation involving various ministries, departments and agencies. “If we look at development in the country, there are several things...

AME REIT aiming for 100% lease renewal in FY2024

JOHOR BARU: Shariah-compliant industrial REIT AME Real Estate Investment Trust (AME REIT) is aiming for 100% renewal of the 12 leases expiring in the financial year ending March 31, 2024 (FY2024) to reinforce the REIT’s future earnings. Of the 12 leases, AME REIT has successfully renewed leases with five existing tenants, obtained one replacement tenant, and confirmed lease renewals with six existing...

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