SUBSCRIBERS

Kenedix to buy 15% of M'sian Reit for 86m ringgit

Published Mon, Dec 19, 2016 · 09:50 PM
Share this article.

Kuala Lumpur

JAPANESE real estate asset manager Kenedix Inc will buy 15 per cent of Malaysian real estate investment trust AmanahRaya Reit for 86 million ringgit (S$28 million), the companies said on Monday.

Kenedix will also buy 49 per cent of AmanahRaya Reit's parent for 5.1 million ringgit, they said in a joint statement. AmanahRaya Reit said i…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here