KL’s Lot 10 Property owner announces first perpetual bond issuance

KUALA LUMPUR (Dec 10): YTL Corp Bhd-controlled Starhill Global Real Estate Investment Trust (Starhill Global REIT), the assets of which include the Lot 10 Property and Starhill Gallery here, has announced its maiden issuance of perpetual securities or bonds worth S$100 million (about RM304 million) to enhance the financial flexibility of the property trust and diversify its funding sources.

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Upscale high-rise living in a dream address

There is a general perception that high-rises are for people who can’t afford landed homes, with the latter being regarded as more spacious, more private and having bigger compounds either for gardening or extra car park space.

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