Twin Peaks East: property in Asia

Article Abstract:

The $1.2 billion Kuala Lumpur City Center (KLCC) project, which is to include two very large office towers, a retail facility, and a park, will completely remake the Malaysian capital's skyline. Ananda Krishnan, the project's key developer, resents comparisons with the UK's Canary Wharf project.

Planning, Real estate developers, Malaysia, Buildings and facilities, Skyscrapers, High rise buildings, Kuala Lumpur, Malaysia (City), Kuala Lumpur, Malaysia

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Oversold: East German property

Article Abstract:

Germans seeking relief from their heavy tax burden have turned to closed end property funds, which are being issued to finance real estate development in the former East Germany. The problem is that the funds may be financing some questionable ventures.

Germany, Securities, Mutual funds, Real estate investment trusts

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