ADVERTISEMENT

Aussie group secures financing for TRX project


Lendlease Asia chief executive officer Tony Lombardo (pic) declined to say how much loan financing the Australian group is seeking for its urban regeneration project – its first in Malaysia – but said both local and foreign banks are involved.  He expects the loan and financing arrangements to be completed by the end of October.

Lendlease Asia chief executive officer Tony Lombardo (pic) declined to say how much loan financing the Australian group is seeking for its urban regeneration project – its first in Malaysia – but said both local and foreign banks are involved. He expects the loan and financing arrangements to be completed by the end of October.

PETALING JAYA: An Australian property and infrastructure group is believed to have secured financing for the development of its 17-acre Lifestyle Quarter in the Tun Razak Exchange (TRX).

Work on the site has picked up considerable pace of late, sources said.

Property , Construction , Corporate News , property

   

ADVERTISEMENT