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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), Gardens North Tower (RM382.1 million), and Menara Tan & Tan (RM239.1 million). The other properties are Centrepoint North (RM196.5 million), Centrepoint South (RM190.5 million), Menara IGB & IGB Annexe (RM188.9 million), Hampshire Place Office (RM180.6 million), and Boulevard Properties (RM78 million).

Kuala-lumpur
Malaysia
Sdn-bhd
Idaman-spektra
Hampshire-place-office
Securities-commission
Real-estate-investment-trust
Southpoint-properties
Tt-realty
Hampshire-properties
Bursa-malaysia
Gardens-south-tower

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), and Menara Tan & Tan (RM239.1 million). The other properties are Centrepoint North (RM196.5 million), Centrepoint South (RM190.5 million), Menara IGB & IGB Annexe (RM188.9 million), Hampshire Place Office (RM180.6 million), and Boulevard Properties (RM78 million).

Kuala-lumpur
Malaysia
Sdn-bhd
Idaman-spektra
Hampshire-place-office
Securities-commission
Real-estate-investment-trust
Southpoint-properties
Tt-realty
Hampshire-properties
Bursa-malaysia
Gardens-south-tower

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