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Rivertree STF Synergies acquires two KL serviced apartment land assets for RM46.3m, targeting combined GDV of RM654.8m

Rivertree STF Synergies Bhd (RSSB) is undertaking a significant property portfolio restructuring exercise — acquiring two serviced apartment development companies with a combined gross development value (GDV) of approximately RM654.80 million while simultaneously divesting a near-completed mixed development project in Kuala Kubu Baharu, Hulu Selangor, in a series of transactions announced on Bursa Malaysia today.

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