BlackRock sells DoubleTree hotel in KL for RM388 mil

KUALA LUMPUR (April 10): BlackRock Inc, the world’s largest asset manager, has finally found a buyer for its 540-room DoubleTree by Hilton Kuala Lumpur hotel in Singapore-based Royal Group Holdings — owned by tycoon Asok Kumar Hiranandani — more than a year after it was put on the market.

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