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Thursday, February 14, 2008

Putrajaya Holdings in talks to sell building

PUTRAJAYA: Putrajaya Holdings Sdn Bhd (PJH) has identified three investors for the en bloc sale of its 26 Boulevard office building in Putrajaya's Precint 3, said chief executive officer Azlan Abdul Karim. The investors comprised two local parties and one foreign purchaser, he said. “We will give the first option (to purchase) to the local investors but we will, of course, consider the best offer,” Azlan told reporters at a seminar yesterday. The 12-storey building has 48,000 sq m gross floor space and is valued at more than RM200mil. Read More

(The Star 14-2-2008)