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Wasco to dispose of Shah Alam land for RM40 mil

Energy infrastructure group Wasco Bhd is disposing a parcel of land together with storage buildings erected on site in Shah Alam for RM40 million to Array Metal (M) Sdn Bhd.

Pavilion REIT’s 4Q net property income up 39%, pays 4.6 sen DPU

Pavilion Real Estate Investment Trust (Pavilion REIT) said its net property income (NPI) rose 38.97% to RM134.64 million for the fourth quarter ended Dec 31, 2023  (4QFY2023), from RM96.89 million a year earlier, due to increased revenue from its malls, including newly acquired Pavilion Bukit Jalil.

DONE DEAL: Condominium, Kampung Sungai Kayu Ara, Selangor

Noteworthy:

  • Built-up size: 1,140 sq ft
  • Leasehold
  • Fully furnished
  • 3 bedrooms, 2 bathrooms
  • Nearby amenities: Kayu Ara LRT station, shopping malls, sports centers, restaurants, schools
  • Accessibility: SPRINT, LDP, NSE

When: October 2023