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Breakfast briefing: Thursday, October 5 (Update)

Breakfast briefing: Thursday, October 5

TRX retail mall gets three anchor tenants

KUALA LUMPUR: More than a quarter of the net lettable area (NLA) of retail space at Lendlease’s Lifestyle Quarter in the Tun Razak Exchange (TRX) has been successfully leased to three anchor tenants.

Retail space: An artist’s impression of Lendlease’s Lifestyle Quarter at TRX. More than a quarter of retail space has been leased to three anchor tenants.

Work on Tun Razak Exchange's Lifestyle Quarter in full swing, says Lendlease

KUALA LUMPUR: Key Lendlease projects in Malaysia achieved significant milestones last month, with the Tun Razak Exchange (TRX) Lifestyle Quarter obtaining approvals and moved into the construction phase of the development.

Construction of Lendlease’s TRX Lifestyle Quarter in full swing

KUALA LUMPUR: The construction of Tun Razak Exchange (TRX) Lifestyle Quarter, a mixed use development by Australian-based property and infrastructure group Lendlease, is now in full swing.

TRX Lifestyle Quarter's retail component The Exchange TRX has leased 26% of its retail space to-date to tenants such as Japanese department store Seibu.

Brexit offers boon in UK real estate

SYDNEY: Bankers may be leaving London, but Britain’s exit from the European Union could still offer opportunities to buy UK commercial real estate with the market in flux, according to Australia’s largest pension fund.

TRX north side take-up rate hits 80%

KUALA LUMPUR: The Tun Razak Exchange (TRX), an iconic 28.3-hectare (ha) development in the heart of Kuala Lumpur, has seen 80% of the land on its north side being commercialised, or under negotiations.

TRX City Sdn Bhd chief executive officer Datuk Azmar Talib(filepic) said the group was now in an advanced stage of talks with various investors, some of them among the world’s most recognisable names in banking and finance.

TRX north side take-up rate hits 80%

KUALA LUMPUR: The Tun Razak Exchange (TRX), an iconic 28.3-hectare development in the heart of Kuala Lumpur, has seen 80 per cent of the land on its north side being commercialised, or under negotiations.

KL office market glut to last three more years

PETALING JAYA: The current supply glut in the Klang Valley office market is expected to stretch for at least three more years.

“The new buildings that are coming in are a lot better than the ones that came in back in the 70s... the working environment that the new buildings provide today in terms of infrastructure and technology is fantastic,” Christopher Boyd(filepic) said when contacted by StarBiz.

TRX project proceeding smoothly

KUALA LUMPUR: Malaysia’s newest financial district is taking shape and drawing investment after spending years mired in controversy for its links to a state investment fund.

Azmar Talib, chief executive officer of TRX City Sdn., poses for a photograph near the construction site of the Tun Razak Exchange, developed by TRX City, in Kuala Lumpur, Malaysia, on Thursday, June 15, 2017

HSBC to build RM1bil headquarters in TRX

KUALA LUMPUR: HSBC is investing US$250mil (RM1.06bil) to build its future headquarter office in the Tun Razak Exchange (TRX) under its commitment to develop Malaysia as a financial hub in Asean

Good deal: Mukhtar (left) shaking hands with Azmar at the sale & purchase agreement signing ceremony. HSBC is the first foreign bank to invest in the TRX development.

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