PETALING JAYA: Sentral Real Estate Investment Trust (Sentral-REIT) is acquiring Menara CelcomDigi in Petaling Jaya from Malaysian Resources Corp Bhd (MRCB) for RM450mil.
In a filing with Bursa Malaysia, Sentral-REIT said it had signed a conditional sale and purchase agreement to acquire the 27-storey, purpose-built office building from MRCB’s wholly-owned subsidiary, Puncak Wangi Sdn Bhd.
“The proposed acquisition is expected to expand Sentral-REIT’s total asset size by 21% from RM2.15bil as at Dec 31, 2022 to approximately RM2.60bil, upon completion of the exercise,” it said.