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...