CapitaLand Applies To List RM2bil REIT
Published by slang August 20th, 2008 in Malaysia REITSSingapore-based CapitaLand Ltd has submitted its application to list its RM2bil real estate investment trust (REIT) on Bursa Malaysia. It’s chief investment officer Kee Teck Koon only expects to obtain the approval by the fourth quarter of this year. Assets to be injected into the trust will include Gurney Plaza in Penang, Mines Shopping Fair in Seri Kembangan, and Sungai Wang Plaza in Kuala Lumpur.
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