Intermark Mall occupancy rate seen to improve under Pavilion REIT
Pavilion Real Estate Investment Trust (Dec 31, RM1.
Pavilion Real Estate Investment Trust (Dec 31, RM1.
KUALA LUMPUR (Dec 31): Analysts say Pavilion Real Estate Investment Trust (Pavilion REIT) is paying a fair price for Intermark Mall here, given that the commercial asset comes with a freehold strata title and is located on the fringe of the Golden Triangle.
Pavilion Real Estate Investment Trust (Dec 30, RM1.
Pavilion Real Estate Investment Trust (Dec 29, RM1.
KUALA LUMPUR (Dec 30): Pavilion Real Estate Investment Trust (Pavilion REIT) is buying The Intermark Mall, which forms part of The Intermark mixed-use development located at the crossroads of Jalan Ampang and Jalan Tun Razak here, for RM160 million cash, which will be fully funded through debt.
THE two-phase Pavilion Damansara Heights mixed-use development in Kuala Lumpur, being undertaken by Tan Sri Desmond Lim Siew Choon in partnership with the Canada Pension Plan Investment Board (CPPIB), will have a gross development value of RM7 billion, sources familiar with the project say.
Pavilion Real Estate Investment Trust (REIT) (Oct 30, RM1.