Wednesday 11 May 2016

Pavillion REIT still has appetite for more buys

Last year Pavilion REIT announced that it was buying the Da:men Mall in Subang Jaya for RM486.84 million and the Intermark Mall in Kuala Lumpur for RM160 million. On completion of the proposed acquisition, it will enlarge Pavilion REIT’s portfolio of investment properties from RM4.6 billion to RM4.8 billion. With the expecting gross income growth from 8% to 10%.

(The edge property, 06/04/2016)

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