Hektar REIT to acquire buildings from KYS College for RM150mil

KUALA LUMPUR: Hektar Real Estate Investment Trust (REIT) has proposed to acquire buildings from KYS College Sdn Bhd for RM150 million.

The proposed acquisition is to acquire one-half, two and three-storey buildings categorised into administration, academic, residential and student facilities forming part of the fully residential and co-educational private school known as Kolej Yayasan Saad in Ayer Keroh, Melaka.