KLCCP eyes RM1bil assets, plans acquisitions to boost Reit portfolio


PETALING JAYA: KLCC Property Holdings Bhd (KLCCP) aims to buy up to RM1bil assets this year to increase the size of its real estate investment trust (Reit) assets portfolio.

“We have the capacity to acquire RM1bil assets, and the type of assets we are looking should be in line with our profile and located in the golden triangle as well as meeting our shareholders value accretion,” said KLCCP group chief executive officer Datuk Hashim Wahir.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , klccp , reit , property

   

Next In Business News

Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih
FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global
Country Garden plans to present debt revamp plan in second half, sources say

Others Also Read