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KUALA LUMPUR: Pavilion Real Estate Investment Trust (Pavilion REIT) has acquired Elite Pavilion Mall and its related assets from Urusharta Cemerlang (KL) (UCKL) Sdn Bhd and Urusharta Cemerlang Sdn Bhd (UCSB) for RM580mil.
KUALA LUMPUR: Property developer Pavilion Group and the Canada Pension Plan Investment Board (CPPIB) unveiled one of Kuala Lumpur’s most anticipated mixed integrated developments yesterday in a project that seems to buck the current slow property market. About 70% of the unveiled Pavilion Damansara Heights have been sold
MONT’KIARA property hasn’t had the best luck since the 2008 financial crisis, but all that may change if demand for the Pavilion Group’s newest residential development is any indication.
PETALING JAYA: Pavilion Kuala Lumpur's (pic) likely better rental growth and possible injection of new assets in the medium to long term are among the drivers for the Pavilion Real Estate Investment Trust (REIT), going forward.
KUALA LUMPUR: CIMB Equities Research describes Pavilion REIT's FY13 core net profit of RM214.1mil in as in line with expectations, at 101% of both its full-year estimates and consensus.
KUALA LUMPUR: The Pavilion Real Estate Investment Trust (REIT) may expand its portfolio in the next few years with the construction of a RM330mil five-star hotel in the same building.