The Star8d
Pavilion-REIT’s hotel buys to enhance profit
Pavilion-REIT announced last week that it is proposing to acquire the Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL) in the Bukit Bintang area for a combined RM480mil.
The Star10d
Pavilion-REIT to acquire two iconic KL hotels
the Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), in a transaction worth RM480mil. The acquisition of BTKL is valued at a purchase consideration of RM140mil, while the ...