Valiram family to acquire Lendlease stakes in The Exchange TRX mall and office for RM1.1b—sources
As for the TRX Campus office, Lendlease’s exit will see Valiram hold a 60% stake, and TRX City the remaining stake.
As for the TRX Campus office, Lendlease’s exit will see Valiram hold a 60% stake, and TRX City the remaining stake.
The sale “highlights the strong market demand for our high-specification facilities and the institutional-grade nature of our industrial parks”.
Looking ahead, the group said it remains optimistic on opportunities in the rail and infrastructure sector.
The transaction is part of Lendlease’s capital recycling programme and reflects growing investor confidence in the performance and long-term potential of the Tun Razak Exchange precinct.
Suasana Antara Gapi is a thoughtfully planned freehold residential enclave set against the rolling hills and lush greenery of Serendah, Selangor.
Sedili Residence is the final phase of UDA’s development in Taman Sedili, Kota Tinggi, Johor.
This development consists of a five-storey basement, a 10-storey podium, a 48-storey hotel and private residences (Tower 1) and a 56-storey serviced apartment (Tower 2).
SunCon did not disclose further details on the awarding party or the project locations.
The centre is part of the Lenggong Valley Sustainable Community Development Programme, a capacity-building programme, initiated by Think City in 2023 with the support of Yayasan Hasanah, that focuses on strengthening awareness and understanding of Lenggong’s heritage.
The project is a 21-storey waterfront condominium development in Miami’s North Bay Village that will feature 54 one-of-a-kind residences, according to its latest annual report.