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Corporate News

YTL REIT acquires hotel in Ipoh for RM55mil

PETALING JAYA: YTL Real Estate Investment Trust (YTL REIT) is acquiring Syuen Hotel in Ipoh, Perak from Syuen Hotel Bhd for RM55mil.

In a filing with Bursa Malaysia, YTL REIT said the 13-storey standalone hotel building has 290 rooms and ceased operations in May 2020. It was categorised as a 4-star hotel.

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YTL REIT , Syuen Hotel , Ipoh , Marriott

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