UOA Development confirms rescission of RM200m property sale to UOA REIT after unitholder rejection
The SPAs are now null and void, and neither party shall have any claims against the other arising from the agreements, save for any antecedent breach.
The SPAs are now null and void, and neither party shall have any claims against the other arising from the agreements, save for any antecedent breach.
KL2 will be located less than 1km from Equinix's existing Cyberjaya facility, KL1.
"Such challenges demand more than just national solutions. They require global solidarity."
Both towers are targeted for completion in 3Q2027.
The improvements represent a marked turnaround from Q42023, when prime rents stood at RM5.84 psf per month and vacancy was as high as 31.3%.
The building measures approximately 54,876 sq ft in total floor area, translating to an acquisition price of approximately RM911 psf.
Comprising 562 units within a single 39-storey residential tower on a 2.8-acre freehold parcel along Jalan Kempas Baru, Mutiara Kempas is priced from RM336,000 after Bumiputera discount.
Priced from RM1.2 million per unit, 16 Legacy is positioned as a low-density residential enclave targeting multigenerational families seeking space, privacy and long-term liveability.
Zelan Bhd's wholly-owned subsidiary Zelan Holdings (M) Sdn Bhd (ZHSB) has entered into a debt settlement agreement with MMC Engineering Sdn Bhd to settle outstanding debts of RM5,219,415.21 via the transfer of two office units at Wisma Zelan in Bandar Tun Razak, Kuala Lumpur.
Pavilion Real Estate Investment Trust (Pavilion REIT) recorded a stronger first quarter ended March 31, 2026 (1Q2026), posting higher distributable income and distribution per unit (DPU) on the back of improved net property income from its core retail assets.