1MDB Re and Lend Lease finalising key terms of their proposed joint venture


An artist's impression of Tun Razak Exchange. The Lifestyle Quarter spans over 17 acres, with a projected value of RM8bil.

PETALING JAYA: 1MDB Real Estate (1MDB RE) and Lend Lease are moving forward with their agreement on the development of the Lifestyle Quarter in Tun Razak Exchange (TRX), as both parties are finalising the key terms of the proposed joint venture.

A part of the 70-acre TRX, the Lifestyle Quarter spans over 17 acres, with a projected value of RM8bil.

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