Daily Industry News Update (31 December 2020)


REIT transactions top RM2 bil in 2020

The total value of transactions linked to real estate investment trusts (REITS) this year was about RM2 billion, the bulk of which involved office assets, followed by industrial assets. In contrast, the total value in 2019 was just shy of RM300 million. Not surprisingly, deals…

More parks, fewer offices? How the coronavirus will change city centres

The novel coronavirus has upended many aspects of life in cities worldwide, particularly as large numbers of white-collar workers choose to work from home and shun public transit – shifts that are likely to last, according to urban experts.

Big future for digital banks but hurdles need to be crossed

Malaysia has the right ecosystem to nurture digital banks but there are challenges ahead to successfully implement such a banking system. The interest in such banks has been overwhelming with more than 40-50 applicants having shown interest in the five digital bank

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