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Pavillon buys JB commercial complex for $16.7 mil

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Pavillon buys JB commercial complex for $16.7 mil

PC Lee Published on Mon, Sep 18, 2017 / 7:47 AM GMT+8

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SINGAPORE (Sept 18): Pavillon Holdings is acquiring units in a commercial complex and land in JB for investment purposes.

The aggregate consideration for the acquisition -- valued independently at RM70 million -- is RM52 million ($16.7 million).

The properties comprised a total of 107 lots in a high rise commercial complex known as City Plaza, Johor Bahru, with adjoining vacant land.

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