Business

Pavilion REIT to buy USJ mall for RM488mil

PETALING JAYA: Pavilion Real Estate Investment Trust’s manager Pavilion REIT Management Sdn Bhd will acquire the da:mén USJ shopping mall from Equine Park Country Resort Sdn Bhd and Revenue Concept Sdn Bhd.

The acquisition will cost RM488mil for a five-storey shopping mall with a lower ground floor of about 420,920 sq ft of net lettable area.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , damen , Pavillion Reit , shopping , USJ , equine park , stocks , shares , klci ,

Next In Business News
MMHE unit inks collaboration on fabricating SOFEC branded products
Jasa Kita to acquire electrical engineering firm for RM10mil
OpenMove AI partners Thailand Paiboon in foray into Thai market
LPI Capital records higher net profit of RM99.54mil in 1Q
FBM KLCI slightly higher at midday as oil prices climb
Malaysia's billionaire class to grow 39% by 2031
Asian stocks meander ahead of tech earnings, BOJ awaits
Oil prices rise as no end to Iran war stand-off seems in sight
FBM KLCI bounces back after modest gains on Wall Street
Trading ideas: CBH, Hextar Capital, Uzma, Steel Hawk, Ekovest, KHPT, KIP REIT, Padini, Cropmate, PGF, PetDag, Solarvest, Axteria, Gold Li

Trending in Biz News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.