Mixed Commercial and Residential Development at USJ 1 with LRT2 and BRT line connectivity
Friday, September 18, 2015
Da Men USJ Shopping Mall is being incorporated into Pavillion REIT
Today it was reported that Pavillion REIT (PAVREIT), stock symbol 5212 will be acquiring the 5 storey Da Men USJ Mall for RM 488 million. The current market price for PAVREIT is RM 1.50. The current assets under Pavillion REITs are Pavillion Mall and Pavillion Tower.
This area is slowing becoming the heart and pulse of USJ, it has the potential to become the Bukit Bintang area of USJ. The mall is still under construction and is expected to open its doors in November 2015.