EWI Malaysia in RM2.21bil deal with US pension fund to build properties in UK

It’s a deal: Liew (standing, left) and Invesco Real Estate director John German (standing, right) look on as EcoWorld London CEO Cheong Heng Leong (seated, left) and Invesco Real Estate managing director Simon Redman sign the Heads of Terms.

PETALING JAYA: In yet another first for the Ecoworld brand, EcoWorld International Bhd (EWI) has successfully clinched its first build-to-rent (BTR) deal for two of its project sites in Britain, at an estimated value of £400mil (RM2.12bil).

This will be Malaysia’s first property developer to have this international tie-up with a pension fund for a BTR project in Britain.