Daily Industry News Update (22 April 2021)

INDUSTRY NEWS (22 April 2021)

Digital Building Ecosystem (3 of 13): Connectivity of Property Accounting System

An accounting system is one of the essential components for any business entity, but it is often standalone and detached from the business operation, and the property management industry is not an exception. Even payments, the closest operation to an accounting system

Axis REIT’s 1Q income rises 3.3%

AXIS Real Estate Investment Trust’s (Axis REIT) net property income rose 3.26% in the first quarter ended March 31, 2021 (1Q21) to RM49.82 million from RM48.25 million a year ago. In a filing to Bursa Malaysia yesterday, the group said its quarterly revenue increased by 5% to

TA Securities positive on Sunway’s land purchase

Sunway Bhd’s recent RM233.4 million land acquisition marks its second land purchase for the year and reflects its confidence in the recovery of the property market in the coming years. TA Securities Holdings Bhd is upbeat about the acquisition given its strategic location and

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