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Friday, December 9, 2011

Hektar REIT buys assets for RM181m

PETALING JAYA: Hektar Real Estate Investment Trust’s (REIT) trustee AmTrustee Bhd has entered into two conditional sale and purchase agreements for the acquisition of two malls from Sri Awona Sdn Bhd and Awona Land Sdn Bhd for a total RM181mil.

The trustee signed an agreement for a freehold three-storey mall, Landmark Central Shopping Centre, located in Kulim worth RM98mil and another agreement worth RM98mil for 110 strata parcels within the freehold six-storey Central Square Shopping Centre in Sungai Patani, Kedah.

By The Star

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