Titijaya ties up with Japan’s Tokyu Land in Riveria project

“The joint participation of Titijaya and Tokyu Land in the Riveria project will provide Titijaya with an opportunity for growth as well as access to new markets and distribution networks, leveraging on Tokyu Land’s international presence and experience," said Titijaya Land deputy group managing director Lim Poh Yit.

PETALING JAYA: Titijaya Land Bhd has partnered Japan-based property developer Tokyu Land Corp for the RM1.5bil Riveria project located in Kuala Lumpur.

In a statement yesterday, Titijaya said Tokyu Land Asia Pte Ltd, a subsidiary of Tokyu Land, will be investing RM80mil which include RM40mil for the development of Riveria project and RM40mil for equity participation.