KUALA LUMPUR: 1MDB Real Estate Sdn Bhd (1MDB RE) has picked Australian headquartered Lend Lease to develop Kuala Lumpur's Tun Razak Exchange which will have a gross development value of RM8bil.
1MDB RE will develop the Lifestyle Quarter in TRX, a retail-led mixed-use development of over 17 acres. The development will comprise of a hotel, three residential towers and a new retail mall connected to TRX's central park and the dedicated MRT station.
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