News about Pavilion Bukit Jalil

The REIT’s distributable income for 4QFY2024 stood at RM88.

Nevertheless, the research house said on a brighter note, the earnings outlook for Pavilion REIT remains optimistic, driven by a positive rental reversion outlook for Pavilion KL Mall.

Quarterly revenue gained 43.

Net profit grew 14.

  KUALA LUMPUR (April 8): Pavilion Real Estate Investment Trust (REIT) has opted not to participate in the ownership of the under-construction Pavilion Bukit Jalil mall to avoid unwanted risks, but believes the asset will be worth reconsidering upon its completion, said its manager.

KUALA LUMPUR (Jan 22): Malton Bhd said today the Qatar Investment Authority intends to participate in the ownership of the proposed Pavilion Bukit Jalil retail property project here.

KUALA LUMPUR (July 7): The Canada Pension Plan Investment Board (CPPIB) is negotiating with Malton Bhd on the purchase of a 49% stake in Pavilion Bukit Jalil mall, The Edge weekly reported in its July 9, 2018 issue.

Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.

KUALA LUMPUR (March 1): Malton Bhd plans to launch the third and final phase of its freehold serviced apartments at Bukit Jalil City development here in September, said a spokesperson for the developer.