KUALA LUMPUR: KIP Real Estate Investment Trust
(KIP REIT) has entered into a conditional sale and purchase agreement with DPulze Ventures Sdn Bhd for the proposed acquisition of DPulze Shopping Centre in Cyberjaya for RM320 million cash.
The seven-storey commercial building has two basement levels and comprises a supermarket, retail spaces, a cinema, a fitness centre and an entertainment centre. It is part of an integrated development known as DPulze Cyberjaya which consists of two hotels and service apartments.
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