Pavilion REIT Seeks Retail Mall Acquisitions Across Asia After Share Sale - Bloomberg

Pavilion Real Estate Investment Trust, a Malaysian shopping mall trust part-owned by the Qatar Investment Authority, is seeking acquisitions within the country and throughout Asia to expand.

The Kuala Lumpur-based property trust, which is expected to list next month, owns the Pavilion mall and an adjacent office tower in the capital’s Bukit Bintang area, which Malaysia is developing to rival Singapore’s Orchard Road.

“We are seeking for potential investments,” said Philip Ho, chief executive officer of the manager of Pavilion REIT. “We want to manage niche-market malls. We develop and we know how to bring the tenants in.”

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