News about Pavilion

Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.

The REIT said retail remains the cornerstone of its performance, contributing RM652.

Bukit Jalil is a key Klang Valley hub, with established institutional, and growing residential, and commercial developments, supported by strong infrastructure.

While Pavilion REIT continues to benefit from a rebound in tourism with expected drive spending and traffic at key assets such as Pavilion Kuala Lumpur and Pavilion Elite, the research house said the recent share price rally had already priced in much of this optimism and “tilted its risk-reward to be less compelling”.

The prime lifestyle hub, along with its premium office and residential segments, has been viewed to further enhance the value of properties in the affluent address.

Dataran Pavilion (Pavilion Square), developed by the Pavilion Group, is a premier mixed-use development in Kuala Lumpur's Golden Triangle.

The trust, which mainly manages retail and hospitality assets, declared an interim income distribution of 0.

The issue price represents a discount of 3.

Located within the Ibrahim International Business District (IIBD), the southern corridor’s core economic nucleus, Quayside JBCC is a 195-metre ultra-luxury freehold development, comprising 482 serviced suites, 24 commercial retail units and 200 hotel suites.

The REIT's distributable income came in at RM98.