CapitaMalls to buy Tropicana assets


PETALING JAYA: After talks to acquire Tropicana City Mall and Tropicana City Office Tower lapsed more than a year ago, CapitaMalls Malaysia Trust (CMMT) is revisiting the acquisition of the two properties for RM540mil.

Including the acquisition fee and expenses, the total acquisition cost amounted to RM565mil, CMMT said in a statement.

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