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 had 290 rooms and ceased operations in May 2020. It was categorised as a four-star hotel.
