IGB Real Estate Investment Trust (REIT) is acquiring Johor's largest mall for RM2.65bil and this will be funded by a RM1bil debt and the issuance of new IGB-REIT units.

KUALA LUMPUR: IGB Real Estate Investment Trust (IGB REIT) has proposed to acquire The Mall, Mid Valley Southkey (MVS Mall) in Johor Bahru for RM2.65 billion.

Carhartt WIP has officially opened the doors to its third Malaysian location, this time in the thriving southern city of Johor Bahru. Located on the ground floor of The Mall, Mid Valley Southkey ...

The deal will be funded through a combination of 38% debt and 62% equity consideration. JPMorgan noted that the acquisition diversifies IGB REIT’s income stream beyond the Klang Valley region and adds ...

People rarely talk about Dhaka as a shopping tourism destination. This is because not much is known outside Bangladesh about ...

A mega list of top indoor activities in Johor Bahru, from thrilling laser tag and escape rooms to cultural museums, and ...

In a separate statement, IGB REIT said MVS Mall would be a new addition to its portfolio, with expectations of stable recurring income and potential for future growth. “This is underpinned by its ...

A complete food guide to Johor Bahru’s Mid Valley Southkey Mall, featuring the best spots for roasted duck, cheese tarts, ...

Supermarkets in JB near the Causeway With the favourable exchange rate and low prices, it’s no wonder that JB appeals to every Singaporean. Shopaholics can go on massive shopping sprees at malls near ...

Aventura Mall is the largest mall in Florida with more than 300 retail shops, dining options and experiences.

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