Shares & Derivatives
Mid Valley MegaMall and Mid Valley Gardens to be listed in REIT by IGB
By Making Passive Income  •  April 26, 2012
The moment a lot of investors have been waiting for has arrived! IGB has decided to list Mid Valley MegaMall and Mid Valley Gardens into a retail Malaysian REIT. Since the listing of Pavilion REIT, some people have asked me about possibility of Mid Valley being listed. Initially, IGB was just exploring the idea, however, now they seem like they will be going ahead. Mid Valley MegaMall and Gardens is the largest shopping mall compound in Kuala Lumpur. The Mid Valley area is always crowded everyday of the week and often run out of parking lots on the weekends, despite having thousands of parking lots. Mid Valley Megamall has net lettable area of 1.7 million sf with 48k sf exhibition space. The Gardens has a net lettable area of 800k sf. Anchor tenants include GSC Cinemas, Jusco, Isetan, Cold Storage, Robinsons and more. img kl midvalley gardens
CIMB Investment Bank, Credit Suisse and ......
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By Making Passive Income
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