The Real Estate Investment Trust (REIT) Company, KIP, has agreed to purchase the DPulze Shopping Centre for a total investment of RM320 million.

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KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) has entered into a conditional sale and purchase agreement with DPulze Ventures Sdn Bhd for the proposed acquisition of DPulze Shopping Centre in Cyberjaya for RM320 million cash.

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It is part of an integrated development known as DPulze Cyberjaya which consists of two hotels and service apartments.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: /Business/Business News KIP Reit DPulze Shopping Centre Corporate News Acquisition

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-27 @ 15:50:00 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21101950

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