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The JV company — known as JTN Logistics Park Sdn Bhd — will undertake the acquisition of the 300-acre land, plus the development and management of the industrial park.

BCorp said the project is expected to be developed over a period of four years and funded by bank borrowings and internal funds.

The “highly anticipated luxury co-working and event space’s modern and trendy interior” will be “designed, built and managed by Colony with Sunsuria overseeing as a stakeholder”.

The year is almost out as 2023 gets ready to take its place.

“The emergence of well-planned and professionally managed industrial parks shows the transitional shift toward a new generation of industrial developments with an emphasis on ESG attributes and advanced technology adoption.

From the hectic rat race to the inescapable crawling traffic amid the concrete jungle – city life tends to leave you drained and longing for the next getaway in the great outdoors.

KL is “pulling ahead of other popular tourist destinations around the world”.

There are also new and refreshed stores at both Genting Highlands Premium Outlets (Burbery and Salvatore Ferragamo) and Johor Premium Outlets (Balenciaga, Bally, Fendi, Hooga, Karl Lagerfeld, Kenzo, Sacoor Outlet and Valentino) to welcome visitors.

The boutique property developer said the low density 40-storey high-rise features 395 exclusive units in Bandar Sunway’s first "socialtainment" hotspot, which features vibrant modern lifestyle elements, including Bandar Sunway’s first Bangkok-themed sky bar by Double O Group, with a view of the Bandar Sunway urban enclave.

The company said GDBSB would undertake these works for a two-storey ramped-up warehouse with the mezzanine level at each floor, a staff cafeteria facility, a show gallery, security guardhouses, a refuse chamber and an electrical substation.