Oakwood Hotel & Residence Kuala Lumpur targets 70% occupancy rate

KUALA LUMPUR (Nov 10): Malaysia’s first Oakwood hotel and residence, Oakwood KL, — formerly the Nomad SuCasa Hotel — is eyeing to achieve an average occupancy rate of 70%  backed by strong demand from business and leisure travellers, according to Oakwood Hotel & Residence Kuala Lumpur director of sales and marketing Kenny Goh (pictured).

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Quill 6 close to being sold, will not be injected into MQREIT

QUILL 6, a 24-storey office building on Lebuh Ampang, Kuala Lumpur — where HSBC Bank Malaysia Bhd has its headquarters — will not be injected into MRCB-Quill Real Estate Investment Trust (MQREIT) as its owner, the Quill Group of Companies, is seeking buyers for the property, according to sources.

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