RM7b Pavilion Damansara project to start in 2Q2016

THE two-phase Pavilion Damansara Heights mixed-use development in Kuala Lumpur, being undertaken by Tan Sri Desmond Lim Siew Choon in partnership with the Canada Pension Plan Investment Board (CPPIB), will have a gross development value of RM7 billion, sources familiar with the project say.

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Developing greener practices

“SUSTAINABLE properties today should be efficient, forward-looking and future-proof,” says Dr Thomas S K Tang, sustainability director of consultancy firm AECOM Malaysia.

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Axis-REIT to buy four plots of land for RM61 mil

KUALA LUMPUR (Nov 11): The trustee of Axis Real Estate Investment Trust (Axis-REIT), RHB Trustees Bhd, has signed a sale and purchase agreement with Axis AME IP Sdn Bhd to acquire four plots of freehold land in Johor for RM61 million.

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