KUALA LUMPUR: The joint management body of Southgate Kuala Lumpur has appointed Henry Butcher Malaysia its building manager and leasing team.
Kerk Han Meng, chairman of the JMB and CJ Polymers Sdn Bhd, said demand for office space in the Klang Valley is expected to remain positive in 2013 with the implementation of the various economic initiatives under the Greater Kuala Lumpur National Key Result Area.
“We are glad to see the occupancy rate in Southgate has improved greatly with the presence of a professional property manager and leasing team from Henry Butcher Malaysia, and we have the confidence that Southgate will be fully occupied with the JMB’s ongoing efforts and Henry Butcher’s expertise,” he said at a Chinese New Year celebration at Southgate on Jan 23. The event was organised by Henry Butcher Malaysia Sdn Bhd (building management) and Henry Butcher Real Estate Sdn Bhd (leasing).
Event highlights included traditional Chinese performances such as the lion dance, “bian lian” (face-changing) and a gu zheng (a type of string instrument) recital. The Shanghai Acrobatics Troupe also wowed the crowd with its skills. Lucky draw sessions were conducted throughout the event with more than 50 prizes sponsored by the tenants and business owners of Southgate.
Located at the intersection of Jalan Dua and Jalan Sungai Besi, the five-acre (2.23ha) integrated commercial development with retail and office components is developed by Mah Sing Group Bhd and has a gross development value of RM466 million.
|JMB members of Southgate during the recent Chinese|
New Year celebration.
Comprising five blocks, its two main blocks — Apex and Corporate — offer office space of between 5,000 and 50,000 sq ft. The three shopoffice blocks — Vox, Vivo and Vertex — offer office space of between 581 and 1,690 sq ft.
Its current tenants include Hong Leong Bank, Nissan Malaysia, MMC-Gamuda, Zalora Sdn Bhd, Nichii and Pappa Rich. The building is also equipped with high-speed wireless Internet hotspots and 24-hour security surveillance.
Southgate is expected to benefit from the development of two mega projects — namely the RM26 billion Tun Razak Exchange and the 495-acre Sungai Besi Airport redevelopment into Bandar Malaysia under the Greater Kuala Lumpur development plan.
This article first appeared in The Edge Financial Daily, on March 1, 2013.
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