IJM Corp Bhd has secured a 143-year leasehold interest in the historic 1-5 London Wall Buildings, that has been rebranded as 25 Finsbury Circus.
KUALA LUMPUR: IJM Corp Bhd has acquired a £72.5 million (about RM407.9mil) leasehold interest in the historic 1-5 London Wall Buildings, now rebranded as 25 Finsbury Circus, in London's financial core.
The price IJM Corp Bhd is paying for 25 Finsbury Circus – formerly known as 1-5 London Wall Buildings – is deemed fair, and the investment is expected to provide an attractive rental yield.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Coprorate Malaysia.
IJM Corp Bhd is anticipating its construction division to stage a better performance for the financial year ending March 31, 2025 (FY25), on the back of its RM6bil order book.
PETALING JAYA: IJM Corp Bhd is anticipating its construction division to stage a better performance for the financial year ending March 2025 (FY25), on the back of its order book in hand of RM6bil.
SIX deserving families in Seremban, Negri Sembilan, were treated to a more meaningful Chinese New Year, thanks to generous contributions from developer IJM Land Bhd to help lighten their financial burden.
IJM Corp Bhd looks set to expand its presence in the industrial-property segment amid the rising number of industrial projects.
KUALA LUMPUR: Talam Transform Bhd's unit Talam Leisure Development Sdn Bhd has proposed to dispose of a piece of commercial leasehold land measuring 27.72 acres in Sepang to IJM Properties Sdn Bhd (IJMP).
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IJM Corp Bhd is investing in warehousing logistics locally to strengthen its industrial-property portfolio and also acquiring property in Britain to expand its presence in international property development.
PETALING JAYA: IJM Corp Bhd has announced two significant property developments – an additional investment in Malaysia's warehousing logistics sector and the acquisition of a property site in the United Kingdom (UK).
IJM Corp Bhd’s proposed acquisition of a 50% stake in British construction group JRL Group Holdings Ltd is viewed positively by analysts as the move will bolster the local outfit’s footprint in Britain.
The earnings outlook for IJM Corp Bhd has been revised higher on expectations its construction division will continue to anchor growth while its proposed purchase of a 50% stake in British construction company JRL Group is still a work in progress.
PETALING JAYA: IJM Corp Bhd is well positioned for an improved operational performance next year as it gears up for Malaysia’s economic growth.
KUALA LUMPUR: Alliance Bank Malaysia Bhd has inked a memorandum of understanding (MoU) with IJM Land Bhd to encourage the ownership of green-certified properties to contribute towards a more sustainable community and environment.
IJM Corp Bhd expects its construction division to perform better in the financial year ending March 31, 2025 (FY25), on the back of its strong order book of RM6.4bil and potential job wins.
PETALING JAYA: IJM Corp Bhd is proposing to acquire a 50% stake in United Kingdom-based diversified construction group JRL Group Holdings Ltd for £50mil (RM283mil).
PETALING JAYA: IJM Land Bhd the property division of IJM Corp Bhd, through its UK subsidiary RMS (England) Ltd, is developing the second and final phase of Royal Mint Gardens and has leased part of the site to Staycity Group, one of Europe’s leading aparthotel operators, for a flagship its Wilde brand.