Pavilion-REIT gets ok to buy Pavilion Bukit Jalil Mall

PETALING JAYA: Pavilion Real Estate Investment Trust (REIT) has announced that its non-interested unitholders have approved the acquisition of Pavilion Bukit Jalil Mall (PBJ Mall).

The acquisition will see MTrustee Bhd, as the trustee of Pavilion-REIT, taking over PBJ Mall and all related assets and rights from Regal Path Sdn Bhd, a wholly-owned subsidiary of Malton Bhd, for RM2.2bil.

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Pavilion-REIT , acquisition , PBJ Mall , approval , MTrustee , portfolio , privateplacement

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