Pavilion REIT to buy USJ mall for RM488mil

PETALING JAYA: Pavilion Real Estate Investment Trust’s manager Pavilion REIT Management Sdn Bhd will acquire the da:mén USJ shopping mall from Equine Park Country Resort Sdn Bhd and Revenue Concept Sdn Bhd.

The acquisition will cost RM488mil for a five-storey shopping mall with a lower ground floor of about 420,920 sq ft of net lettable area.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , damen , Pavillion Reit , shopping , USJ , equine park , stocks , shares , klci ,

Next In Business News
TNB in pact to advance Asean Power Grid
Jakarta sees minimal fallout from tariff hike
Indonesian policy change weighs on palm oil sector
BHIC eyes strategic ties with French firm
S&P expects strong growth for Islamic banking sector
Late buying lifts Bursa Malaysia key index higher
OGX signs underwriting agreement
Czech ammunition-maker CSG plans Amsterdam IPO
Maybank launches new syariah-compliant fund�
Oil prices forecast to stay range-bound in 2026

Trending in Biz News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.