PNB and Rahim & Co explore strategic partnership

KUALA LUMPUR (Feb 13): Permodalan Nasional Bhd (PNB) and Rahim & Co. Chartered Surveyors Sdn Bhd “have commenced discussion to explore a strategic partnership and synergistic collaboration that would leverage on the respective strength and expertise of both companies”.

In a brief press statement issued this evening, it said that PNB, as one of the country’s largest asset managers with significant market share and ownership in the real estate sector, would contribute to Rahim & Co’s “aspiration of becoming a regional champion in the real estate services industry”.

“Meanwhile, Rahim & Co’s expertise as a leading real estate consultancy firm with more than 30 years of experience, would be utilised to enhance the performance and quality of PNB’s property assets and the expansion of PNB’s overall real estate portfolio,” the statement read.