Pavilion-REIT to buy Pavilion Bukit Jalil Mall for RM2bil

Pavilion-REIT said Regal Path will dispose of one block of five-storey retail mall with two basement car park levels located within Bukit Jalil City, Kuala Lumpur, together with the related assets and rights.

KUALA LUMPUR: Pavilion Real Estate Investment Trust (Pavilion-REIT) has proposed to acquire Pavilion Bukit Jalil Mall (PBJ) from Regal Path Sdn Bhd for an aggregate purchase consideration of RM2.2bil.

In a filing with Bursa Malaysia yesterday, it said Regal Path will dispose of one block of five-storey retail mall with two basement car park levels located within Bukit Jalil City, Kuala Lumpur, together with the related assets and rights.