Daily Industry News Update (11 December 2021)

INDUSTRY NEWS (11 December 2021)

Gradual recovery of property market expected in 2022

The rebounding of the property sector next year is expected following more substantial national economic recovery. PropertyGuru anticipates gradual improvements in the market for the first half of the coming year before it begins to pick up in the second half.

Maybank IB: Limited growth prospects for REITs

MAYBANK Investment Bank Bhd (Maybank IB) is expecting limited growth prospects for real estate investment trusts (REITs) in the

Green walls for better building insulation

A recent study shows that green walls can reduce heat loss from buildings by about 30%. In other words, they could be effective thermal insulators that could help reduce heating requirements. This field study, conducted by researchers at the UK’s University of Plymouth, focused on a pre-1970s building (the University’s Sustainability Hub) and compared the heat-trapping capabilities of a conventional concrete and brick wall with those of a green wall