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IGB Commercial REIT buys properties worth RM3.16b from IGB Bhd | Money - Vimarsana News

IGB Commercial REIT buys properties worth RM3.16b from IGB Bhd | Money

Friday, 09 Apr 2021 07:49 PM MYT KUALA LUMPUR, April 9 — The newly-established IGB Commercial Real Estate Investment Trust (IGB Commercial REIT), through its trustee MTrustee, has inked 10 agreements to buy properties worth RM3.16 billion from IGB Bhd’s subsidiaries and 50 per cent-owned joint-venture companies under its proposed listing exercise. In a filing with Bursa Malaysia today, IGB said the vendors would dispose of several properties located in Kuala Lumpur, including GTower for RM739.8 million, Southpoint Properties (RM573.5 million), Gardens South Tower (RM391.5 million), Garden...

IGB Commercial REIT buys 10 properties from IGB Group for RM3.16bil - Vimarsana News

IGB Commercial REIT buys 10 properties from IGB Group for RM3.16bil

KUALA LUMPUR (Bernama) -- The newly-established IGB Commercial Real Estate Investment Trust (IGB Commercial REIT), through its trustee MTrustee, has inked 10 agreements to buy properties worth RM3.16 billion from IGB Bhd’s subsidiaries and 50 per cent-owned joint-venture companies under its proposed listing exercise. In a filing with Bursa Malaysia today, IGB said the vendors would dispose of several properties located in Kuala Lumpur, including GTower for RM739.8 million, Southpoint Properties (RM573.5 million), Gardens South Tower (RM391.5 million), Gardens North Tower (RM382.1 million), ...