Paradigm REIT posts RM39.2m quarterly NPI in 1Q, declares 1.8 sen DPU
Revenue slipped marginally to RM60.46 million from RM60.85 million in 4QFY2025, weighed by lower advertising and promotional income.
Revenue slipped marginally to RM60.46 million from RM60.85 million in 4QFY2025, weighed by lower advertising and promotional income.
The property comprises a freehold industrial land measuring 23,838 sq ft with a three-storey semi-detached factory of 25,112 sq ft built-up area.
The SPAs are now null and void, and neither party shall have any claims against the other arising from the agreements, save for any antecedent breach.
KL2 will be located less than 1km from Equinix's existing Cyberjaya facility, KL1.
"Such challenges demand more than just national solutions. They require global solidarity."
Both towers are targeted for completion in 3Q2027.
The improvements represent a marked turnaround from Q42023, when prime rents stood at RM5.84 psf per month and vacancy was as high as 31.3%.
“Having welcomed more than 40 million visitors since opening in 2022, we are a testament to the enduring appeal of in-person retail and leisure, with a focus on experience and connection."
The building measures approximately 54,876 sq ft in total floor area, translating to an acquisition price of approximately RM911 psf.
Comprising 562 units within a single 39-storey residential tower on a 2.8-acre freehold parcel along Jalan Kempas Baru, Mutiara Kempas is priced from RM336,000 after Bumiputera discount.
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