Mulpha buys Australian property for RM349mil


PETALING JAYA: Mulpha International Bhd (MIB) has proposed to acquire a neighbourhood shopping centre with future mixed-use redevelopment in Baulkham Hills, New South Wales, Australia, for A$120mil (RM349.20mil).

MIB said in a statement that the 15-year-old shopping centre was on a 4.4ha freehold parcel with a lettable space of 11,501 sq m, which translated to an occupancy rate of 95.6%.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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